The reseller’s market has boomed in recent years, powered by the ease of use for platforms such as eBay (NASDAQ: EBAY), The Real Real (NASDAQ: REAL) and Poshmark (NASDAQ: POSH) among others. A 2020 report on the market by ThreadUp and Global Data predicts the resale apparel markets alone will top $64 billion by 2025 – up from $28 billion in 2020.
Resale is growing 25 times faster than retail overall, the companies found.
The problem sellers face with the resale market is that it is fragmented –...
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