Newly listed secondhand apparel retailers ThredUp and Poshmark are expected to forecast strong end-of-year sales as a shortage of new clothing at stores pushes shoppers to consider thrifting as an option to fill their holiday shopping bags.
Apparel had the highest online out-of-stock levels among U.S. retail sectors in the run-up to the holiday season, Adobe Analytics said in October.
Those shortages are expected to drive more people to secondhand clothing companies such as Poshmark Inc, ThredUp Inc and ReaReal, which are not as affected by global supply chain issues as they get their stock mainly from the closets of American households.
Source: US News
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