Watch Now - Inside the $130 billion second-hand fashion market.

What are the rewards — and the risks — of the resale revolution?

Dear Reader,   We are excited to share the penultimate episode in this immersive series of The BoF Show with Imran Amed.   Episode 5 explores the rise — and rise — of fashion resale as the taste for old clothes brings new profits to an industry increasingly conscious of its need to become more circular and sustainable.    In Lille, Northern France, Imran speaks with Max Bittner, CEO of Vestiaire Collective, an upscale luxury resale platform. Max tells him that a primary objective of Vestiaire — which recently achieved a valuation of $1.7 billion — is to change consumer behaviour for the better by keeping the luxury items we already have in the fashion chain.   In East London, Imran catches up with Maria Raga, CEO of Depop, the global peer-to-peer platform for youthful resellers which was acquired by Etsy earlier this year for $1.6 billion. What's certain is old clothes make new profits, for big business and a growing number of "bedroom entrepreneurs" alike. Resale: Inside the $130 billion second-hand fashion market.  Pre-loved fashion is on the rise, as old clothes find new wearers via global technology platforms. What are the rewards and the risks of this resale revolution?  WATCH EPISODE 5 "The BoF Show with Imran Amed", an immersive video series streaming on Bloomberg Quicktake airs on Thursdays at 9pm New York time and is available for on-demand viewing. The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com