The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The fast fashion giant will launch a “pre-owned” offering in November, joining a growing number of big brands experimenting with such services.
The move is a step forward in the brand’s sustainability strategy and is intended to offer customers a full suite of options to extend the life of their old Zara garments, said Paula Ampuero, head of sustainability at Zara.com.
The platform, which launches in the UK on Nov. 3, will offer repair services, a peer-to-peer resale marketplace or an option to donate unwanted clothes.
The announcement comes as brands are piling in to the fast-growing secondhand market, testing the business opportunity and seeking to benefit from a green marketing glow. Earlier this week, ultra-fast-fashion giant Shein launched its own resale offering.
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Zara’s service isn’t intended to generate profit and there are no current plans to expand into other markets, said Ampuero.
“We have started in the UK because it’s a key market. It’s very important for us and the customers in the UK are very demanding,” she said. “This is starting point; we’ll see how it evolves.”
Learn more:
Is Resale Fuelling Overconsumption?
Fast fashion brands are piling into the secondhand market, playing into a debate over whether resale is becoming a smokescreen for even more and faster consumption.
The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential.
The Spanish beauty and fashion conglomerate’s smart acquisitions and diverse portfolio could be a big draw for investors. Plus, Adidas is set to confirm its stellar first quarter.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.