Quarter 1, 2019
In the past twelve months, more than one quarter of surveyed shoppers have used or purchased secondhand clothing. In the same period, only 2 per cent of consumers have rented an item of clothing. It appears that consumers are finding it easier to embrace and access secondhand clothing compared to renting clothing. We expect this to change, particularly with Gen Z and Millenials who crave the newness that a sophisticated, scaled rental clothing platform can deliver.
Brian Man
Partner, Customer Transformation and Retail and Consumer Industry Lead, PwC Australia
Tel: +61 400 441 188
Donna Watt
Consulting Consumer & Industrial Products Lead, PwC Australia
Tel: +61 421 141 350