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82pc of Vestiaire Collective purchases blocking first-hand buys

Findings from Vestiaire Collective's 2023 Impact Report unearth the extent to which today's consumer is driving the circular economy's success. Image credit: Vestiaire Collective Findings from Vestiaire Collective's 2023 Impact Report unearth the extent to which today's consumer is driving the circular economy's success. Image credit: Vestiaire Collective

 

A vast majority of consumers are replacing purchases involving entirely-new apparel with resale picks, according to new findings from luxury resale platform Vestiaire Collective.