By Patrick Crocker
The gold rush is on for fashion re-sellers like The RealReal, Poshmark and ThredUp as consumers look for clothing that is sourced more sustainably than "fast fashion," which has been linked to poor foreign labor conditions and pollution.
According to Cowen's Millennial and Gen Z survey, 81% of 18- to 24-year-old's and 80% of 25- to 34-year-old's view social impact and sustainability of an apparel and footwear brand as being "very important" or "somewhat important" to their purchase decision.
Ream more in MarketWatch.
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Cowen Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 20:48:05 UTC.