"The Booming Second-Hand Clothing Market: Growth Without Profit"
The second-hand clothing market is booming, with celebrities and consumers embracing pre-owned fashion, but most companies in the industry are struggling to turn a profit. The oversupply of clothing, labor-intensive processing, and hidden costs are major challenges. Despite its eco-friendly reputation, the resale industry often relies on the sale of new clothing to subsidize second-hand fashion. Experts suggest that government funding, technology, and reducing the production of new clothes are essential for the industry's success and addressing the climate crisis.