• Privacy
  • Disclaimer
  • DMCA
  • Contact
Euro Journal - NEWS AGENCY
  • Home
  • News
    • All
    • Science
    A Ukrainian missile strike hit the headquarters of Russia’s Black Sea Fleet, Moscow says

    A Ukrainian missile strike hit the headquarters of Russia’s Black Sea Fleet, Moscow says

    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Tether Invests In Northern Data Group To Expand Beyond FinTech

    Tether Invests In Northern Data Group To Expand Beyond FinTech

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Trending Tags

  • Politics
  • Business
  • Startup
  • Fintech
  • Tech
    • All
    • Gadget
    • Startup
    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    The Inspiring Journey Of Eve Online

    The Inspiring Journey Of Eve Online

    Amazon’s current big discount on the Apple Watch Series 8 makes it the Apple Watch you should get

    Amazon’s current big discount on the Apple Watch Series 8 makes it the Apple Watch you should get

    Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale

    Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale

    United taps a Houston startup for business, awards tickets go on sale, and more trending innovation news

    United taps a Houston startup for business, awards tickets go on sale, and more trending innovation news

    Trending Tags

  • Crypto
  • Entertainment
    • All
    • Gaming
    • Music
    • Sports
    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    The Inspiring Journey Of Eve Online

    The Inspiring Journey Of Eve Online

    Dropout’s Dimension 20 turns 5 and it’s the perfect time to get on board

    Dropout’s Dimension 20 turns 5 and it’s the perfect time to get on board

    Brock Purdy’s career night in 49ers’ win over Giants ‘definitely wasn’t his best game’

    Brock Purdy’s career night in 49ers’ win over Giants ‘definitely wasn’t his best game’

    Niura’s EEG-implemented earbuds scan your brain health and recommend music to your mood

    Niura’s EEG-implemented earbuds scan your brain health and recommend music to your mood

    The only two gaming laptops you should buy in 2023

    Lenovo Legion Pro 5 gaming laptop with RTX 4070 is $400 off

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Crypto Asset Management Market 2023-2028: Blockchain’s

    Global CX Growth Opportunities in Travel & Hospitality,

    4 tips to save money on airport food so you don’t pull a David Brooks

    4 tips to save money on airport food so you don’t pull a David Brooks

    Study suggests tradeoffs between the ozone layer, pollution and skin cancer

    Study suggests tradeoffs between the ozone layer, pollution and skin cancer

    Does our age dictate our fashion choices? Why we fear clothes are ‘too young’ or ‘too old’ for us

    Does our age dictate our fashion choices? Why we fear clothes are ‘too young’ or ‘too old’ for us

    ‘Hero’ stepdad flew from Florida to Italy to find heirloom in lost bag

    ‘Hero’ stepdad flew from Florida to Italy to find heirloom in lost bag

    Trending Tags

  • World
  • Sports
  • Review
    Sefa Özasik is The Men Behind Many Artists in Germany and Worldwide – Most Famous Graphic Designer

    Sefa Özasik is The Men Behind Many Artists in Germany and Worldwide – Most Famous Graphic Designer

No Result
View All Result
  • Home
  • News
    • All
    • Science
    A Ukrainian missile strike hit the headquarters of Russia’s Black Sea Fleet, Moscow says

    A Ukrainian missile strike hit the headquarters of Russia’s Black Sea Fleet, Moscow says

    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Tether Invests In Northern Data Group To Expand Beyond FinTech

    Tether Invests In Northern Data Group To Expand Beyond FinTech

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Trending Tags

  • Politics
  • Business
  • Startup
  • Fintech
  • Tech
    • All
    • Gadget
    • Startup
    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Federal Gov’t, NGX To Drive Startup Listings With Tech Board

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

    The Inspiring Journey Of Eve Online

    The Inspiring Journey Of Eve Online

    Amazon’s current big discount on the Apple Watch Series 8 makes it the Apple Watch you should get

    Amazon’s current big discount on the Apple Watch Series 8 makes it the Apple Watch you should get

    Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale

    Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale

    United taps a Houston startup for business, awards tickets go on sale, and more trending innovation news

    United taps a Houston startup for business, awards tickets go on sale, and more trending innovation news

    Trending Tags

  • Crypto
  • Entertainment
    • All
    • Gaming
    • Music
    • Sports
    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

    The Inspiring Journey Of Eve Online

    The Inspiring Journey Of Eve Online

    Dropout’s Dimension 20 turns 5 and it’s the perfect time to get on board

    Dropout’s Dimension 20 turns 5 and it’s the perfect time to get on board

    Brock Purdy’s career night in 49ers’ win over Giants ‘definitely wasn’t his best game’

    Brock Purdy’s career night in 49ers’ win over Giants ‘definitely wasn’t his best game’

    Niura’s EEG-implemented earbuds scan your brain health and recommend music to your mood

    Niura’s EEG-implemented earbuds scan your brain health and recommend music to your mood

    The only two gaming laptops you should buy in 2023

    Lenovo Legion Pro 5 gaming laptop with RTX 4070 is $400 off

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Fashion Goers Step Out in Dark, Moody Denim – Sourcing Journal

    Crypto Asset Management Market 2023-2028: Blockchain’s

    Global CX Growth Opportunities in Travel & Hospitality,

    4 tips to save money on airport food so you don’t pull a David Brooks

    4 tips to save money on airport food so you don’t pull a David Brooks

    Study suggests tradeoffs between the ozone layer, pollution and skin cancer

    Study suggests tradeoffs between the ozone layer, pollution and skin cancer

    Does our age dictate our fashion choices? Why we fear clothes are ‘too young’ or ‘too old’ for us

    Does our age dictate our fashion choices? Why we fear clothes are ‘too young’ or ‘too old’ for us

    ‘Hero’ stepdad flew from Florida to Italy to find heirloom in lost bag

    ‘Hero’ stepdad flew from Florida to Italy to find heirloom in lost bag

    Trending Tags

  • World
  • Sports
  • Review
    Sefa Özasik is The Men Behind Many Artists in Germany and Worldwide – Most Famous Graphic Designer

    Sefa Özasik is The Men Behind Many Artists in Germany and Worldwide – Most Famous Graphic Designer

No Result
View All Result
Euro Journal - NEWS AGENCY
No Result
View All Result
Home Finance

Do You Have Money Hanging in Your Closet? Clothes with the Best Resale Value | Personal Finance

Euro Journal by Euro Journal
19/09/2023
in Finance, Make Money, News
0 0
0
LRC Stuttgart food service specialist ‘serves up’ Stuttgart community for nearly 55 years | Article
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


Whether you call them vintage, pre-owned or simply used, it’s never been more mainstream to purchase and wear secondhand clothing items.

Growing concerns about sustainability and a rise in online secondhand shops that make it easy to resell apparel mean more consumers – and brands – are embracing the concept of clothing resale. Plus, as inflation pushes prices up, many consumers see secondhand shopping as a way to stretch their clothing budgets.

“It’s a necessity,” says Chris Garrett, store manager at Do Good Co., a vintage boutique in Kansas City, Missouri, that donates all proceeds to charity. “People – both those with money and those without money – are looking at ways to cut their costs.”

The Secondhand Market Has Flourished

The secondhand market has flourished in recent years, growing from an estimated value of $5 billion in 2018 to $21 billion in 2023, according to a report by online thrift store ThredUp, which predicts that the market will double by 2027.

In addition to traditional and online thrift stores and vintage shops, well-known brands – including Levi’s, Lululemon and Patagonia – have begun reselling pre-owned merchandise to consumers.

That’s great news for consumers, not only because they get access to greener, more affordable clothing items. It also provides an opportunity for consumers to resell items in their own closets and earn some extra cash while giving new life to clothing they no longer want. But some used items are more valuable than others.

Nadia Rachal, a full-time reseller who runs the Poshmark closet @Nilesy, says it’s important to do online research before listing items to get a sense of what’s trending and a ballpark idea of how to price your merchandise.

Here’s a look at some of the items with the best resale value right now:

Sneakers

Sneakers have become a collectible item with a market of their own, so like-new sneakers sell quickly, and often at prices higher than similar new items.

Rachal says that some resellers who are wearing sneakers they plan to later resell even put protective covers over the soles or insides of the shoes to keep them pristine.

Tag-on Clothes

While many consumers consider resale platforms as primarily a place to vend used clothing, items that still have tags on sell extremely quickly, although buyers do expect to buy them at a discount.

“If you bought something and have buyers’ remorse, but you missed the return window, that’s a premium item on a resale marketplace, because buyers know that the condition is going to be great,” says Melodie van der Baan, CEO and co-founder of Max Retail, a company that helps independent retailers sell unused inventory.

Designer Clothing

While the average clothing item may be harder to sell as it gets older, there’s always a market for designer clothing from previous seasons, Rachal says.

The most popular higher-end brands at ThredUp include Tory Burch, Johnny Was and Dooney & Burke. Many resale platforms, including PoshMark and eBay, require authentication for luxury items, such as pieces from Louis Vuitton or Gucci, so it’s important to make sure that the items you’re selling are genuine. 

Plus-Size Apparel

The plus-size brand Torrid is one of the top sellers on ThredUp, and stylish or trendy items in the plus-size category tend to sell quickly on the site, says Samantha Blumenthal, ThredUp’s director of consumer communications.

“Plus-size is a historically underserved piece of the market in fashion, generally,” Blumenthal says. “One of the really nice things about resale is that it democratizes fashion.”

Midrange Clothing

While the price tags may be lower on midrange clothing than designer clothing, there is extremely strong demand for it. Popular brands in this category at ThredUp include Lululemon, Madewell and Everlane.

In general, you’ll want to take bright, clear photographs of items that you’re selling, and offer information about its provenance. While you may spend a bit of extra cash to get your products dry cleaned, buyers are more likely to purchase items with dry cleaning tags because it indicates that you’ve taken good care of the item, Rachal says.

Handbags

Like sneakers, some shoppers consider vintage handbags collectible items, which can drive prices up, and there’s always demand for trendy bags as well. The most popular bags at ThredUp include Fjallraven backpacks, Madewell leather crossbody bags and Lululemon belt bags.

“The attraction with bags is that there is no size involved,” Rachal says. “So, it’s easily accessible to everyone.”

ADVERTISEMENT
ADVERTISEMENT

Like this:

Like Loading...

Related

ADVERTISEMENT
Euro Journal

Euro Journal

Related Posts

Ghana police arrest 49 as high cost of living triggers street protests | Features
News

Ghana police arrest 49 as high cost of living triggers street protests | Features

22/09/2023
A Ukrainian missile strike hit the headquarters of Russia’s Black Sea Fleet, Moscow says
News

A Ukrainian missile strike hit the headquarters of Russia’s Black Sea Fleet, Moscow says

22/09/2023
Federal Gov’t, NGX To Drive Startup Listings With Tech Board
Business

Federal Gov’t, NGX To Drive Startup Listings With Tech Board

22/09/2023
Tether Invests In Northern Data Group To Expand Beyond FinTech
Business

Tether Invests In Northern Data Group To Expand Beyond FinTech

22/09/2023
Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?
Business

Crypto Pioneer Arthur Hayes Suggests Massive Chinese Capital Outflows – How is it Benefiting Bitcoin?

22/09/2023
Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber
Entertainment

Gavin Rossdale Says Son Kingston Makes Music Like Justin Bieber

22/09/2023
ADVERTISEMENT

Browse by Category

  • Astronomy
  • Business
  • Climate Change
  • Crypto
  • Entertainment
  • Fashion
  • Finance
  • Financial Trading
  • Fintech
  • Food
  • Gadget
  • Gaming
  • Health
  • Lifestyle
  • Make Money
  • Music
  • News
  • Politics
  • Review
  • Science
  • Sports
  • Startup
  • Tech
  • Travel
  • World
  • Privacy
  • Disclaimer
  • DMCA
  • Contact

© 2022 Euro Journal

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Fintech
  • Startup
  • Sports
  • World
  • Lifestyle
  • Crypto
  • Tech
  • Entertainment
  • Review

© 2022 Euro Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

%d bloggers like this: