Younger People Are Shifting to Secondhand Clothes: thredUP CEO

Younger People Are Shifting to Secondhand Clothes: thredUP CEO

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the growing trend of secondhand shopping, driven by a generational shift among young people. It highlights the supply-driven nature of the resale market and the role of platforms like ThredUp. The discussion contrasts secondhand sales with fast fashion, emphasizing sustainability concerns. It concludes with insights into circular fashion strategies, where brands are rethinking supply chains to be more sustainable.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does fast fashion have on sustainability, according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do you think brands and retailers can adapt their strategies for resale?

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