Merchandising/Marketing/Retailing: Management

A State of Fashion Re-commerce: From Operational Perspectives

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Abstract

According to thredUP, an industry leader in secondhand fashion e-commerce, and their annual Resale Report, the fashion resale market is a $36 billion industry that is expected to double by 2025. According to the thredUP report, 41 retailers have incorporated a fashion resale operation into their business model (thredUP, 2022; McKinsey & Co., 2022). This paper aims to scope re-commerce as a significant part of the fashion industry’s effort toward creating a more sustainable future by prolonging the product lifespan. In this paper, we critically analyze third-party tech intermediaries that offer back-end support to the national and global retailers, such as peer-to-peer marketplace and pure business operations providers, among others. We aim to conduct an in-depth review of the technical operational mechanism of fashion re-commerce. The paper contributes to academia and scholars by sharing the state of art literature review. 

Keywords: Business operational mechanism, fashion re-commerce, resale industry, Industry practices

How to Cite:

Herman, J. & Kim, J., (2024) “A State of Fashion Re-commerce: From Operational Perspectives”, International Textile and Apparel Association Annual Conference Proceedings 80(1). doi: https://doi.org/10.31274/itaa.17166