As U.S. tariffs impact the retail market, experts predict a surge in secondhand clothing sales as consumers look for budget-friendly options. With significant price hikes projectedâ65% for clothing and 87% for leather goodsâcost-conscious shoppers are expected to turn to online resale platforms and thrift stores. Resale expert Kristen Classi-Zummo forecasts growth in the secondhand market despite potential uncertainties surrounding pricing and consumer behavior. Other voices in the industry highlight that while tariffs may alter buying habits, the long-term effects remain uncertain as consumers await tangible impacts.
American styles carry international influence, but nearly all of the clothing sold domestically is made elsewhere. The Yale University Budget Lab last week estimated short-term consumer price increases of 65% for clothes and 87% for leather goods, noting U.S. tariffs disproportionately affect those goods.
I think resale is going to grow in a market that is declining. What I think is going to continue to win in this chaotic environment are channels that bring value.
Until I see it and really have that sticker shock, I can't say exclusively that I'll be pushed into another direction. I think that the tariff part of it is that you definitely rethink things.
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