The $380-billion trend turning fast fashion on its head

While fast fashion is expected to continue to grow 20% in the next 10 years, secondhand fashion is poised to grow 185%. A massive force is reshaping the fashion industry: secondhand clothing. According to a new report, the U.S. secondhand clothing market is projected to more than triple in value in the next 10 years–from $28 billion in 2019 to $80 billion in 2029–in a U.S. market currently worth $379 billion. In 2019, secondhand clothing expanded 21 times faster than conventional apparel...