- ThredUp claims to be the largest online thrift store, with a special focus on women’s and kids’ clothing.
- It stocks 35,000 different brands and adds 1,000 new products every hour.
- These are its fastest-selling brands in the past six months.
Secondhand shopping is in vogue.
The resale market is growing 24 times faster than traditional retail, including the off-price market, according to a report by online thrift store ThredUp. This sector of the retail industry is currently worth $20 billion and is on track to reach $41 billion by 2022.
In just under a decade, ThredUp — which allows customers to buy and sell women's and kids' clothing — has grown to become the largest online thrift store. It has received $130 million in venture funding from investors including Goldman Sachs and now stocks 35,000 different brands. It says it now adds 1,000 new products to its website every hour.
The constant turnover of inventory and massive selection is what keeps bargain hunters coming back for more, cofounder James Reinhart told Business Insider in a recent interview.
We asked the company to put together a list of the fastest-selling brands on its website. The data was taken from a six-month period, between September 2017 and March 2018.
These are the brands whose products customers across the US are dashing to snatch up immediately:
