The Resale Industry
The fashion resale market is exploding, growing 21 times faster than the retail market over the past three years, according to research from retail analytics firm GlobalData.Fortune Magazine
Gen Z & Millennials love resale!
As resale grows at a higher rate of popularity among the younger generations, children's resale will also grow in demand as they begin having children.
Also, Boomer's second-hand spending might have grown less, but they already hold one of the highest market-shares (31%) for purchasers of used goods; Second only to Millennials (33%). This means a strong market of Grandparents and even Great-grandparents shopping for younger moms.
Pirates & Pixies® is in the resale industry! Not only that, but our customers are Millennials. We also get quite a few Grandparents that shop children's resale for their grandchildren.