The state of the second-hand clothing industry under the impact of the epidemic
From London to Los Angeles, the streets outside many clothing shops and second-hand clothing shops are backlogged with unsold clothes, and stock is piling up in sorting warehouses. Many textile recyclers and exporters have had to reduce their prices to move their stocks.
Traders in poorer countries such as Africa, Eastern Europe, and Latin America usually rely on second-hand clothing. Still, since the outbreak of the epidemic earlier this year, embargoes have restricted the flow of second-hand clothing, and business in overseas end markets has slowed.
With overseas buyers also no longer able to afford shipping costs. Antonio de Carvalho said his prices to overseas buyers had fallen from £570 to £400 per tonne since May, making it difficult for his company to cover the cost of collecting and storing the clothes.