10 Second-Hand E-Commerce Stores to Watch in 2024

Jan 10, 2022
5
min read

We are fashionistas. We love fashion.

However, we have to face the fact that the fashion industry is leaving a major negative environmental impact on our planet.

Data published by the UNEP and the Ellen MacArthur Foundation shows that: 

  • Fabric treatment accounts for about 20% of the world’s wastewater. 
  • 87% of total fiber input leverage in the clothing industry ends up incinerated or on some landfill. 
  • If we keep this dynamic, by 2030 the fashion industry’s greenhouse gas emissions will exceed 50%.

That’s why we need solutions that could reduce the environmental impact of our wardrobes more quickly.

Second-hand clothing is a movement that is rising as one of the most popular sustainability initiatives. 

And, it seems like it’s an even better alternative to recycling.

On average, 1lb of clothes sold second-hand save 5.9 lb of CO2 while recycling the same amount of clothing into fibers saves 1.7 lb of CO2. 

With this data in mind, second-hand products can become an important factor in the reduction of CO2 emissions and tackling climate change.

The global fashion industry is going towards sustainability, favoring brands that make clothing from recycled materials, as well as second-hand and renting platforms. 

In this article, we’re referring to some of today’s most popular second-hand e-commerce platforms and suggesting how they can improve their competitiveness.

Image of a clothing rack with blouses on it

Today’s top second-hand e-commerce shops

The RealReal

The RealReal is a luxury second-hand e-commerce store that has recently raised an amount of $300 million.

The startup also went public in June 2019 on the Nasdaq Global Select Market with REAL as their ticker symbol.

Their revenue in Q1 in 2019 was 50% up compared to 2018’s first quarter. 

Imparfaite

Imparfaite is a marketplace dedicated to professional vintage clothes and accessories.

The platform has a unique goal: to curate and reintroduce the most exquisite vintage pieces to the market.

This is made possible through partnerships with the top professional vintage sellers in France, including thrift and consignment shop owners.

Thrift+

Thrift+ wants to become the Amazon of second-hand shopping.

The platform facilitates the sale of hundreds of new items every day.

Sellers get half of the profits in form of Thrift+ credit or a John Lewis or Farfetch voucher, while the other half goes to a charity of their own choosing.

Buyers can find designer labels such as Calvin Klein and Coach. However, they can also find popular high-street brands like Cos and Arket. 

House of Vintage

House of Vintage was initially opened as a shop in Canada in 2003 and then expanded to the UK.

Today, the second-hand store has an online platform where buyers can find a wide variety of clothes, mainly focusing on vintage T-shirts and sweatshirts.

High-street stores can never offer you such original styles as House of Vintage.

Celebrities also love it—House of Vintage was one of the shops that provided the clothes of Marianne in the popular British TV show Normal People. 

Depop

Depop is one of the UK’s Gen Zers’ favorite second-hand e-commerce apps, offering retro sports clothing and styles that were popular in the 90s.

Depop is designed to look like a social network, so that’s why the younger audience especially likes it. 

thredUp

thredUp is a popular second-hand online marketplace where people can buy and sell all types of clothing items at affordable prices.

This e-commerce store goes one step further by incorporating AI in its platform in order to personalize the customer experience.

Thanks to smart algorithms, thredUp has the power to provide users with customized product suggestions and place the sellers’ items in more targeted offerings.  

The organization's mission is to inspire a new wave of shoppers to first consider second-hand, keeping clothes out of landfills so that they can look amazing without adding to environmental waste.

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Jan 10, 2022
5
min read

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