Athleta, Lululemon, Patagonia, REI and Merrell are among the leading brands in a global secondhand market set to nearly double to $350 billion by 2027, according to the 2023 Resale Report from secondhand e-commerce platform ThredUp. Global sales increased 28% to $177 billion in ’22, and are guided up 19% to $211 billion for ’23. Sales were boosted by a 244% jump in retailers with branded resale programs to 124 in ’22 compared to 36 in the prior year, according to ThreadUp’s Recommerce 100 listings.

Industry brands are currently well representing in ... Log in to view full article.