Americans are letting go of their old clothes as COVID-19 vaccinations continue, restrictions are eased and offices are reopening. The clothes are going to online resale sites as well as donation centers. The used-clothes marketplace ThredUP paid the research company GlobalData to find information on the movement in used clothing. Projections by GlobalData show the business is expected to double from $36 billion to $77 billion in 2025. James Reinhart leads ThredUP. He said the growth is driven by new sellers putting high quality clothes into the market. He estimates that Americans collectively have at least $9 billion worth of products they do not wear. Buying and selling used clothes was popular before COVID. However, since the pandemic, the movement for buying and selling used clothes has strengthened. Reinhart said shoppers think more about the environment now. He said an increasing number of them seek products that have a good resale value instead of low-cost, low-quality clothes, known as fast fashion. Reinhart said, the change demonstrates a new beliefs set among the clothes-buying public. “It’s not this buy, wear, throw out,” he said, adding that people are much more sensitive to the idea of waste. TheRealReal is a luxury resale site with more than 22 million members. A company report says that the total value of used goods sold this year through May was about $239 million. The report said that number represents a 53 percent increase from the same period in 2019.
Title: People Reconsider Clothes as Normal Life Returns in US
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/A.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='People Reconsider Clothes as Normal Life Returns in US' data-article-id='5745'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='12979'>Americans are letting go of their old clothes as COVID-19 vaccinations continue, restrictions are eased and offices are reopening. </span> <span data-start-time='12979' data-end-time='21042'>The clothes are going to online resale sites as well as donation centers.</span> <span data-start-time='21042' data-end-time='34500'>The used-clothes marketplace ThredUP paid the research company GlobalData to find information on the movement in used clothing. </span> <span data-start-time='34500' data-end-time='48417'>Projections by GlobalData show the business is expected to double from $36 billion to $77 billion in 2025.</span> <span data-start-time='48417' data-end-time='53083'>James Reinhart leads ThredUP. </span> <span data-start-time='53083' data-end-time='61229'>He said the growth is driven by new sellers putting high quality clothes into the market. </span> <span data-start-time='61229' data-end-time='71938'>He estimates that Americans collectively have at least $9 billion worth of products they do not wear.</span> <span data-start-time='71938' data-end-time='77792'>Buying and selling used clothes was popular before COVID. </span> <span data-start-time='77792' data-end-time='86042'>However, since the pandemic, the movement for buying and selling used clothes has strengthened.</span> <span data-start-time='86042' data-end-time='92625'>Reinhart said shoppers think more about the environment now. </span> <span data-start-time='92625' data-end-time='108104'>He said an increasing number of them seek products that have a good resale value instead of low-cost, low-quality clothes, known as fast fashion.</span> <span data-start-time='108104' data-end-time='117250'>Reinhart said, the change demonstrates a new beliefs set among the clothes-buying public.</span> <span data-start-time='117250' data-end-time='127771'>“It’s not this buy, wear, throw out,” he said, adding that people are much more sensitive to the idea of waste.</span> <span data-start-time='127771' data-end-time='136292'>TheRealReal is a luxury resale site with more than 22 million members. </span> <span data-start-time='136292' data-end-time='148833'>A company report says that the total value of used goods sold this year through May was about $239 million. </span> <span data-start-time='148833' data-end-time='159354'>The report said that number represents a 53 percent increase from the same period in 2019.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/5199/A.jpeg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=17737 data-hint-location='92625' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/what_is_fashion.wav'>What is fashion?</div><div class='choices' data-correct-choice='a popular trend, especially in styles of dress and ornament or manners of behavior'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/a_popular_trend_especially_in_styles_of_dress_and_ornament_or_manners_of_behavior.wav'><span>a popular trend, especially in styles of dress and ornament or manners of behavior</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/a_small_organized_dissenting_group_within_a_larger_one_especially_in_politics.wav'><span>a small organized dissenting group within a larger one, especially in politics</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/an_act_of_running_somewhere_suddenly_and_hastily.wav'><span>an act of running somewhere suddenly and hastily</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/a_uniform_mass_made_by_crushing_a_substance_into_a_soft_pulp_sometimes_with_the_addition_of_liquid.wav'><span>a uniform mass made by crushing a substance into a soft pulp, sometimes with the addition of liquid</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=17738 data-hint-location='48417' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/what_does_the_company_thred_up_sell.wav'>What does the company Thred Up sell?</div><div class='choices' data-correct-choice='used clothes'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/golf_attire.wav'><span>golf attire</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/sewing_accessories_.wav'><span>sewing accessories </span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/used_clothes.wav'><span>used clothes</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/writing_utensils.wav'><span>writing utensils</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=17739 data-hint-location='92625' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/he_said_an_increasing_number_of_them_seek_products_that_have_a_good_resale_value_instead_of_lowcost_lowquality_clothes_known_as__blank__fashion.wav'>He said an increasing number of them seek products that have a good resale value instead of low-cost, low-quality clothes, known as <span class='blank'>fast</span> fashion.</div><div class='choices' data-correct-choice='fast'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/nice.wav'><span>nice</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/fashion.wav'><span>fashion</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/fast.wav'><span>fast</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5199/gimmick.wav'><span>gimmick</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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