During its heyday, Poshmark's initial public offering in January 2021 saw its market value peak at $7.4 billion, matching that of leading fashion brands.
The surge of interest in online reselling during the pandemic transformed platforms like Poshmark into key players in the secondhand clothing market, reflecting changing consumer habits.
After a period of exponential growth, Poshmark's usability declined, with users reporting frustrations over a cluttered interface that felt more like a messy closet than a shopping app.
The rise of thrift culture, exemplified by Lauren Eager's journey, highlights the intersection of sustainability and online commerce, where resale platforms thrive amid fast fashion critique.
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