From a RetailDive.com online article:

ThredUp, which sells brands ranging from American Eagle Outfitters to Burberry, may prove to be a beneficial partner to many retailers. A separate report from Accenture Strategy and Fashion For Good found that recommerce operating margin for the luxury, premium and mid-market sectors was 39%, 28% and 22%, respectively.

https://www.thredup.com/

This year could be considered the year the circular economy really took hold, particularly the resale space, and a major force leading the charge was e-commerce platform ThredUp.

Resale grew 21 times faster than the apparel market over the past three years, by ThredUp’s own measures. The resale platform also projects the market to grow from $24 billion to $51 billion by 2023.

To read more: https://www.retaildive.com/news/disruptor-thredup-dive-awards/566185/