Why the Clothing Resale Industry Is at a Tipping Point

Sales of secondhand clothes are expected to soar in the coming years, and a number of companies are spying the opportunity, including The RealReal (NASDAQ: REAL)ThredUp (NASDAQ: TDUP), Poshmark (NASDAQ: POSH), and Etsy (NASDAQ: ETSY)

In this episode of "Upgrade or Topgrade," recorded on Nov. 12, Millionacres Editor Deidre Woollard and Fool contributor Nick Rossolillo discuss the trends in the resale industry and why it's worth paying attention to.

Image source: Getty Images.

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Source Fool.com