According to GlobalData, the resale market will exceed $50 billion in 2023 — up from $24 billion last year. Max Bittner, CEO of the Paris-based reseller Vestiaire Collective, joins peer-to-peer platform Depop’s CEO Maria Raga in a discussion about the burgeoning resale economy moderated by BoF’s Sarah Kent.
Partnering with Copenhagen Fashion Week, BoF invited market leaders including Pascal Morand, Julie Gilhart, Ganni co-founder Nicolaj Reffstrup, EU Parliamentary Committee chair Dr Christian Ehler, journalist Clare Press, executives from Renewcell and Lenzing, and others from across the value chain, to work together towards actionable solutions capable of urgently altering the industry’s ecological impact.
How to best spend the large sums it will take to cut the fashion industry’s carbon emissions? The Apparel Impact Institute is launching a pre-vetted portfolio of climate solutions in an effort to better direct investment.