The Rise of Second-hand: Exploring the Opportunities of Re-commerce
The BMI Lab Blog
FEBRUARY 2, 2021
By 2029, it is forecasted to reach a value of $80 billion , doubling the size of fast fashion. Business opportunity – Why do companies engage in re-commerce business models? These are some of the most important motivations for companies to engage in resale: Need to respond to shifting customer demands. Pre-empting regulations.
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