Vintage news and archive

Vestiaire Collective report: Second-hand market grows three times faster than new goods

According to a new study by the resale platform Vestiaire Collective and the Boston Consulting Group (BCG), second-hand fashion and vintage luxury products are projected to reach a market volume of up to 360 billion dollars by 2030, compared to the current 210 to 220 billion dollars. This represents an annual growth of 10 percent, a rate three...

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Business

Banana Republic acquires fan-built brand archive, launches vintage platform

Banana Republic is honing in on its past. The Gap-owned brand is hoping to bring its history into a fresh light for a new generation through the acquisition of a fan-built archive, ‘Abandoned Republic’. The digital platform, curated by archivist Robyn Adams, exhibits a selection of memorabilia, including illustrated catalogues and original store...

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Business

Over quarter of a million pounds worth of stock stolen from Break Archive store

Resale company Break Archive has reported what is now its second break in, this time at its London showroom where around 350,000 pounds of stock was stolen. A total of 120 luxury vintage bags from brands including Louis Vuitton, Chanel and Gucci were among the products taken from the retailer’s store in Mayfair on Monday night. Speaking to ITV...

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Business|Interview

From thrift to thought leadership: How Beyond Retro is shaping the future of vintage retail

Vintage shopping continues to be a favoured means of sustainable consumption. A pioneer in this field is Beyond Retro; once a small-scale London boutique, now a renowned European retailer and global purveyor of vintage fashion through its parent company, Bank & Vogue. Beyond Retro was co-founded by Canadian entrepreneur Steven Bethell back in...

Fashion

How archival fashion fuels the resale boom

Luxury fashion has always had a symbiotic relationship with its past, drawing on archival designs to inform contemporary collections. However, the industry’s increasing reliance on nostalgia—often with little reinterpretation—has begun to reshape consumer behaviour in ways that may prove counterproductive. Every time a creative director is...

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Business

Gap and Sean Wotherspoon to launch GapVintage programme

US retailer Gap has announced a new programme alongside its global vintage curator, Sean Wotherspoon, intended to place the company’s product archive “directly in the hands of customers around the world”. Beginning February 4, 2025, in the US, GapVintage will see the release of a series of yearlong vintage drops curated by Wotherspoon, while...

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Fashion

Nostalgia drives online shopping boom

British consumers are increasingly gravitating towards brands and products that blend heritage, storytelling, and social consciousness, according to comprehensive data from livestream shopping platform Whatnot. The most striking trend is the surge in demand for vintage and inclusive fashion. Searches for vintage-inspired looks rocketed by 3,100...

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Retail

Premium buyers are embracing vintage fashion

The secondary luxury market is experiencing unprecedented growth as vintage fashion emerges as a significant force in the premium retail sector, according to new data from buy-now-pay-later provider Clearpay. Analysis of transaction data reveals substantial year-on-year growth across key vintage categories, indicating a structural shift in...

Fashion

Vintage designer fashion emerges as new luxury status symbol

Vintage designer fashion is experiencing a renaissance in the luxury market as consumer preferences continue to evolve. A reported surge in demand for "trophy vintage" pieces is signalling a departure from the traditional emphasis on new collections and of acquiring constant newness. Samina Virk, US CEO of Vestiaire Collective, a leading global...

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Fashion

The RealReal Luxury Resale Report 2024: Grassroots, sustainability and bling

Luxury resale marketplace The RealReal released its seventh annual “Luxury Resale Report” on Wednesday, which analyses the shopping and consignment behaviours of the company’s more than 37 million members. It also spotlights the key trends currently shaping demand and resale value for the most sought-after luxury brands and items - dominated by...

Fashion

Second-hand chic: UK's vintage market surge

The UK is witnessing a significant shift in consumer behaviour, with the second-hand clothing market experiencing a notable uptick. A recent survey conducted by South Western Railway reveals that 77 percent of Britons have purchased pre-owned clothing in the past year, underscoring a growing trend towards sustainable fashion choices. The...

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Fashion |Report

Global resale market to reach 350 billion dollars by 2028

ThredUp, a prominent player in the resale industry, has released its 12th annual Resale Report, shedding light on the robust expansion and evolving trends within the secondhand fashion market. The report underscores the burgeoning significance of resale in the retail landscape and suggests that governmental intervention could expedite the shift...