Second-hand clothes are popular
According to South Korea’s “Joongang Daily” report, Korean young people accustomed to the sharing economy are increasingly favoring second-hand clothing, and South Korea’s second-hand clothing market is gradually developing.
“Market In U” is a second-hand clothing store with three branches in Seoul. Jin Shengjing, a representative of Market In U, said, “Most people who come to the store for shopping are customers who want to find high-quality products at low prices, and young people who are accustomed to the secondary use and sharing culture.”
In foreign countries, the second-hand clothing market has gradually developed into a major trend in clothing market. According to the “Retail Report 2019” released by the online second-hand clothing distributor “thredUP” in the United States, the US second-hand sales market has developed 21 times faster than ordinary fashion retail stores in the past three years. It is estimated that by 2023, the second-hand clothing market will grow. The scale will grow from the current US$24 billion to US$51 billion.