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COINTURK FINANCE > Business > Zara Expands Pre-Owned Clothing Service to U.S.
Business

Zara Expands Pre-Owned Clothing Service to U.S.

Overview

  • Zara will launch Zara Pre-Owned in the U.S. by October.

  • The initiative aligns with broader sustainability trends in fashion.

  • Live shopping broadcasts aim to engage U.S. consumers interactively.

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Zara is set to introduce its secondhand clothing marketplace, Zara Pre-Owned, to the U.S. by the end of October. This move aims to cater to the growing demand for sustainable fashion options among American consumers. The company hopes to capture a larger share of the secondhand market, particularly among younger buyers, while also addressing sustainability concerns.

Contents
Meeting the Demand for Sustainable FashionExpanding Beyond Traditional Markets

Zara first launched its Pre-Owned business last year, aligning with a broader industry trend toward sustainability. Other fashion brands have similarly introduced resale and repair services to meet consumer demand for eco-friendly shopping options. Zara’s initiative is part of Inditex, its parent company, which has consistently aimed to enhance its green credentials.

Meeting the Demand for Sustainable Fashion

Research by PYMNTS Intelligence revealed that secondhand clothing is particularly popular among millennials. The study showed that 52% of millennials who purchased secondhand items last year increased their resale shopping activities. This generation faces financial challenges such as student loan debt and high living costs, making secondhand shopping a cost-effective alternative.

In addition to the Pre-Owned marketplace, Zara plans to introduce live shopping broadcasts in the U.S. and other major markets. This strategy, already successful in China, aims to engage customers in an interactive shopping experience. Zara announced this plan in June, hoping to attract new customers as it seeks to maintain sales momentum post-pandemic.

Expanding Beyond Traditional Markets

Live shopping has proven effective in China, with five-hour weekly broadcasts on Douyin, TikTok’s Chinese counterpart, significantly boosting sales. Zara aims to replicate this success in Western markets, including the U.K., Ireland, France, Spain, Italy, Canada, and Germany. The company sees this initiative as an evolution in retail entertainment.

Regarding the U.S. market, Zara’s live shopping and Pre-Owned initiatives reflect a broader shift in consumer behavior towards sustainability and interactive shopping experiences. These moves are designed to capture a generation increasingly drawn to eco-friendly and engaging retail options.

The company is optimistic about the potential of these initiatives to drive growth. Zara spokesperson stated,

“We want to take this to the Western countries, where livestream is not as popular…but we think why not — from an entertainment perspective this is like an evolution.”

Zara’s dual focus on sustainability and innovative shopping methods underscores its commitment to adapting to changing consumer preferences. The success of these initiatives will depend on their ability to resonate with both environmentally conscious consumers and those seeking new retail experiences. By expanding its Pre-Owned marketplace and live shopping broadcasts, Zara aims to set itself apart in the competitive fashion industry.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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