From Vestiaire to Vinted: Why retailers must join the resale revolution

Aaron Shapland, Digital Transformation director at Ciklum on why this is a golden moment for fashion retail to evolve its business model - a crucial activity for survival and growth in the 2020s.

The resale market is booming – growing 11 times faster in fact than the wider retail fashion sector, and predicted to be worth $84 billion by 2030, more than double that of the fast fashion market’s $40 billion expected valuation for the same year. The pandemic has undeniably driven two key trends that are powering this resale revolution: e-commerce and thrifting. 

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