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High-end rental and resale market could grow 5x by 2025, outpacing the anticipated growth rate for new apparel, says Bloomberg Intelligence

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Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

A new report from Bloomberg Intelligence, Global Apparel the Rise of Rental, Resale and Repair, explores how apparel and footwear companies are developing operating models to address concerns of high emissions and other environmental issues associated with apparel. Rental and resale provide an opportunity for higher-end retailers developing their own second hand capabilities to capture new revenue […]

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