People shop resale for lots of reasons-budget, unique finds, or the feeling you get when you mine fashion gold. All of this translates to big business; in fact the US resale industry is approaching $4 billlion in annual revenues and growing. As such, it’s a celebrated segment of The Circular Economy.
Traditional industrial models are linear: “take, make, and dispose”; against a backdrop of unprecedented population growth, this model seems unsustainable. The Circular Economy aims to redefine products and services by designing waste out while minimizing negative effects on the economy and the environment.
We participate in The Circular Economy by extending the life of textiles and clothing, supporting a model that looks more like “take, make, resell, repurpose, recycle”. In this way we hope to help build social, natural, and economic capital over time. You can learn more about Circular Economy philosophies and like-minded businesses via the Ellen Macarthur Foundation here.