.ThredUp's 10th annual report spotlights Gen Z's fast-fashion appetite and the continuation of branded resale.
ThredUp president Anthony Marino described the theme as a “collision course” that fast fashion and younger consumers are on.
That fast-fashion addiction may prove a temptation amid financial constraints, yet the report still says shopping categories like fast fashion and rental will flatten amid resale’s ongoing rise. With the broader resale picture poised to be worth $218 billion by 2026, there’s much left to conquer. ThredUp is investing further in technology, including search, merchandising and an ever-evolving assortment. The company will also open its biggest distribution center yet in Texas this year.
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