ThredUp
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Why ThredUp and Secondhand Retail Are Booming in the US
ThredUp’s massive facility highlights the explosive growth of the secondhand apparel market, projected to reach $367 billion globally by 2029. Fueled by Gen Z and now a broader demographic seeking value and sustainability, recommerce benefits from tariffs impacting imported clothing. ThredUp leverages automation and AI to efficiently process 40,000 items daily, achieving strong financial performance with a domestic infrastructure, capitalizing on shifting consumer behavior and trade policy impacts. The company’s success signals a significant, lasting shift towards sustainable and accessible fashion.