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Resale fashion industry, a promising industry?
Numerous people are surprised to discover that fashion houses production is the second-largest producer of pollutants in the world, trailing only the petroleum industry. In addition, the carbon footprint of textile producers surpasses that of all shipping and international flights combined.
The Rise of Fashion Resale Marketplaces?
These two forces—fast fashion and fashion resale—seem to fight one another in the world of international fashion preeminence.
One stands for rampant, unapologetic consumerism focused on replicating a particular trending look. The other champions sustainability, responsibility, and individuality. It would stand to reason that such oppositional forces would not coexist in an industry of winners and losers.
Oddly, the emerging victor is fashion resale. Yet, while resale websites are growing dynamically—increasing by almost 50% in sales year after year—fast fashion's growth has slowed to 2% a year.
