UK markets closed
  • FTSE 100

    7,129.71
    +53.54 (+0.76%)
     
  • FTSE 250

    22,775.28
    +283.92 (+1.26%)
     
  • AIM

    1,262.60
    +9.91 (+0.79%)
     
  • GBP/EUR

    1.1495
    -0.0015 (-0.13%)
     
  • GBP/USD

    1.3990
    +0.0098 (+0.70%)
     
  • BTC-GBP

    42,318.40
    +910.32 (+2.20%)
     
  • CMC Crypto 200

    1,480.07
    +44.28 (+3.08%)
     
  • S&P 500

    4,232.60
    +30.98 (+0.74%)
     
  • DOW

    34,777.76
    +229.23 (+0.66%)
     
  • CRUDE OIL

    64.82
    +0.11 (+0.17%)
     
  • GOLD FUTURES

    1,832.00
    +16.30 (+0.90%)
     
  • NIKKEI 225

    29,357.82
    +26.45 (+0.09%)
     
  • HANG SENG

    28,610.65
    -26.81 (-0.09%)
     
  • DAX

    15,399.65
    +202.91 (+1.34%)
     
  • CAC 40

    6,385.51
    +28.42 (+0.45%)
     

Clothing Rental and COVID-19: Demand Increases as Lockdown Measures Lift

Research and Markets
·2-min read

Dublin, Aug. 21, 2020 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com published a new article on the clothing industry "Clothing Rental 2020: Increasingly Popular Alternative to Fast Fashion"

Clothing rental and resale have become a popular option among environmentally conscious shoppers amid growing concerns over the ecological impact of fast fashion. Websites like Depop and Poshmark Inc have popularized selling second-hand clothing online while By Rotation, a peer to peer clothes lending app now has over 20,000 users and more than 4,000 items of clothing and accessories listed.

The pandemic had an effect on the demand for clothing rental particularly for designer items and formalwear for occasions like weddings and black tie events. However, demand has increased as lockdown measures were lifted.

Zalando SE will launch a pre-owned fashion range on its site later this year which will allow customers to sell their clothes to the company and to browse a range of used clothing available for purchase. Luxury department store Selfridges is teaming up with online fashion rental platform HURR to offer items from more than 40 fashion brands for hire for up to 20 days at a time. Selfridges will also offer a vintage clothing rental service in September which will build on the retailer's existing partnership with online reseller Vestiaire Collective.

To see the full article and a list of related reports on the market, visit "Clothing Rental 2020: Increasingly Popular Alternative to Fast Fashion"

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900