More Americans Are Turning To Thrift Shops To Buy Clothing, With Gen Z Leading The Way

Benzinga_recent_news11-26

Gen Z is leading the thrift shop boom, and older generations are joining them, thanks to inflation and tariffs. The shift to thrift shopping can create new business opportunities that add more ...

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The shift to thrift shopping can create new business opportunities that add more ...</p>\n\n<a href=\"https://www.benzinga.com/personal-finance/management/25/11/49083884/more-americans-are-turning-to-thrift-shops-to-buy-clothing-with-gen-z-leading-the-way\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1059921491.USD","symbol_name":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","start_time":0,"source_url":"https://www.benzinga.com/personal-finance/management/25/11/49083884/more-americans-are-turning-to-thrift-shops-to-buy-clothing-with-gen-z-leading-the-way","article_id":"2586265118","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/26/Textile-Pollution--Fast-Fashion-Industry.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/personal-finance/management/25/11/49083884/more-americans-are-turning-to-thrift-shops-to-buy-clothing-with-gen-z-leading-the-way","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2586265118","pubTimestamp":1764168360,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Gen Z is leading the thrift shop boom, and older generations are joining them, thanks to inflation and tariffs. 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It's a way to save money while getting clothing that might be more durable than new clothing.\"The stigma around secondhand clothes really died with the baby boomer generation,\" William Blair & Company Research Analyst Dylan Carden told CNBC.ThredUp CEO James Reinhart told CNBC that his company receives secondhand clothing in the U.S. and keeps all of its logistics withi","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU1854104046.USD":"M&G (LUX) POSITIVE IMPACT \"A\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","EBAY":"eBay","BK4094":"服装零售","BK4539":"次新股","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","BK4097":"系统软件","BK4524":"宅经济概念","BK4220":"综合零售","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","TDUP":"ThredUp Inc.","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU1854103824.USD":"M&G (LUX) POSITIVE IMPACT \"A\" (USD) INC","BK4585":"ETF&股票定投概念","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","BK4122":"互联网与直销零售","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","GEN":"GEN DIGITAL INC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","BK4588":"碎股"},"translate_title":"越来越多的美国人转向旧货店购买衣服，Z世代处于领先地位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TDUP":1,"EBAY":1,"GEN":1.5},"content_text":"Gen Z is leading the thrift shop boom, and older generations are joining them, thanks to inflation and tariffs. The shift to thrift shopping can create new business opportunities that add more flexibility to people's budgets. \nThe strong demand from buyers has attracted thrift clothing sellers who act as middlemen. These people look for deep discounts and resell the clothing on sites like eBay (NASDAQ:EBAY). The popularity of thrift clothing is poised to continue since younger generations are leading the charge.\nDon't Miss:\nBuyers like the idea of getting quality clothing at a discount, and many of them do not treat thrift clothing as a downgrade. It's a way to save money while getting clothing that might be more durable than new clothing.\n\"The stigma around secondhand clothes really died with the baby boomer generation,\" William Blair & Company Research Analyst Dylan Carden told CNBC. \nThredUp's (NASDAQ:TDUP) 13th Resale Report gave investors a glimpse into a growing industry as more people turn to used clothing. The report anticipates the global secondhand apparel market reaching $367 million by 2030. The U.S. secondhand apparel market is expected to reach $74 billion by 2029.\nTrending: From Chipotle to Red Bull, Top Brands Are Already Building With Modern Mill's Tree-Free Wood Alternative — Here's How You Can Invest Too\nThredUp has been a major beneficiary of the growing thrift shopping trend. Its revenue increased by 34% year-over-year in Q3, contributing to the stock rallying by more than 400% year-to-date. The stock had been sluggish for a few years leading up to the big surge, indicating that many investors and shoppers are just starting to pick up on the opportunity. \nInflation and tariffs can help secondhand clothing gain more market share, especially as people look for ways to shop in a sustainable manner. Buying secondhand clothing is less wasteful than buying new apparel. ThredUp currently has 1.57 million active buyers, after experiencing a record 54% year-over-year growth in new buyers. Its most recent quarter was the best quarter for new buyer acquisition in the company's history. \nArtificial intelligence has disrupted many industries, so it's no surprise to see that this technology is making thrift shopping more accessible. AI makes it easier for sellers to list items, and it also helps buyers find clothing that matches their style.\nSee Also: Missed Tesla? EnergyX Is Tackling the Next $200 Billion Opportunity — Lithium\n\"AI has the potential to really transform the way that people are shopping online right now,\" Scalable co-founder and Co-CEO Jasmine Enberg told CNBC.\nShoppers can find personalized thrift options with a single prompt. They will have to spend less time shopping before finding what they need, and less friction can support higher growth rates for the industry. \nThredUp CEO James Reinhart told CNBC that his company receives secondhand clothing in the U.S. and keeps all of its logistics within the country, leaving it unaffected by tariffs. \n\"We receive more than 100,000 pieces of clothing every day, so it's a business operating at some significant scale,\" he said. \nRead Next: Forget Flipping Houses—This Fund Lets You Invest in Home Equity Like Wall Street Does\nImage: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586265118","isCrawlerRequest":true}