Latest news with #preloved
Yahoo
2 days ago
- Business
- Yahoo
New business with major brands to open in Stroud town centre
A POP-UP store at the Five Valleys Shopping Centre will move to a permanent home next week. Vintage Vibes will be opening the doors to a full-time store in the next few weeks and the team behind the fashion concept say they can't wait to unveil their new venture. The fashion focussed vintage and preloved clothing brand is run by husband-and-wife team Helen and Matt Kloiber. They have built up a loyal following with their unique mix of repurposed fashion pieces, end-of-line styles, and high-quality preloved staples. Everything from t-shirts and shorts, to sweatshirts to baseball caps, bikinis and sunglasses are given the Vintage Vibes treatment creating re-purposed and unique styles for their fashion-conscious shoppers who are looking for something unique. (Image: Matt Bigwood) After a series of pop-ups in the Five Valleys quirky camper van pop-up they are now ready to take the leap and open their first full store in the centre's newly extended retail space next to Santander in the upper mall area. Vintage Vibes will stock a curated range of highly sought-after brands, including Nike, Stussy, Ed Hardy and Carhartt - all with the couple's signature touch of sustainable cool. Co-founder Helen Kloiber said: 'We're so excited to bring Vintage Vibes to a permanent space in Five Valleys, what started out as us trying something a little different, has really taken off and we're so excited to be taking this next step for the business. (Image: Matt Bigwood) 'The new store will be a space that reflects our love of great style, creativity, and pre-loved shopping — we really can't wait to open the doors!' Centre Manager, Erica Malpass, said: 'We are really thrilled to welcome Helen and Matt to our growing community of thriving independent businesses here at Five Valleys. "Vintage Vibes has already proved to be a great hit with our shoppers and adds something truly fresh and exciting to our retail mix. "We can't wait to see the new store come to life.' The Vintage Vibes store will officially open on Friday, August 1 with a special DJ event to mark the launch.
Bloomberg
3 days ago
- Business
- Bloomberg
UK Second-Hand Shopping to Hit £4.8 Billion This Year, CEBR Says
Two-thirds of British consumers bought second-hand goods online last year, research shows, a figure expected to grow as shoppers rein in spending and as so-called 'pre-loved' items become more available. Purchases of used goods on the internet will reach £4.8 billion ($6.4 billion) in the UK this year, up from £4.3 billion in 2024, according to a report from the Centre for Economics and Business Research commissioned by Inc.
South China Morning Post
06-07-2025
- Lifestyle
- South China Morning Post
Best places to shop second-hand clothes in Hong Kong from an avid buyer of preloved wear
Hongkonger Dianne Gupta has a laser-sharp sixth sense as she wanders around Mee & Gee, one of her favourite second-hand clothes shops, in Kowloon's Mong Kok district. Advertisement Dressed in one of her favourite preloved outfits, the 28-year-old scans the racks with lightning speed. 'Some people walk into second-hand shops and feel overwhelmed, but for me it is like a treasure hunt,' she says. It does not take long before something catches her eye: a retro-style dress covered in bright yellow stars. She gives the fabric a feel to test its quality – something she does with every potential purchase – and checks the seams to make sure there is room to move. Advertisement 'It's also a good idea to check the zips and buttons.' The dress passes the test, and at HK$40 (US$5.10), it is a bargain.
Associated Press
09-06-2025
- Business
- Associated Press
Mastercard Economics Institute: Circular Fashion Is Sew on Trend
Mastercard Economics Institute Secondhand, pre-loved, pre-owned, upcycled – no matter the stitch or state, the circular fashion market is gaining popularity, according to the Mastercard Economics Institute. Shoppers are increasingly choosing circular items across price points, driven by savings and environmental benefits. Increasing its relevance, the market may be more immune to policy and global trade impacts since new product creation is not involved, a key element that could further fuel consumer appeal. In addition to gaining market share, circular fashion has different seasonality trends than the broader retail space and is concentrated in cities. Using aggregated and anonymized Mastercard data, these spending trends and impacts are explored in more detail as a key part of the online apparel sector. Read the full report from the Mastercard Economics Institute Follow along Mastercard's journey to connect and power an inclusive, digital economy that benefits everyone, everywhere. Visit 3BL Media to see more multimedia and stories from Mastercard
The Sun
03-06-2025
- Business
- The Sun
I've raked in over £10k on Vinted – I started with my old clothes & now a little-known site helps me cash in
A CASH-SAVVY mum has revealed how she went from flogging items she was no longer using to raking in over £10,000 on Vinted. With the rising costs making our wallets feel tighter than ever, millions of individuals are on the lookout for easy ways to make some extra cash. 2 One such viral side hustle is Vinted - a platform similar to eBay and Facebook Marketplace where you can sell pre-loved clothing, technology and so much more. Since its launch in 2008 by two Lithuanians, the platform has grown massively - in the UK alone, it has an astronomical 16 million users – nearly one-quarter of the population, as reported by The Guardian. With the sellers enjoying the benefit of listing without commission and the buyer dealing with the service fee of the postage, it's easy to see why the tech start-up has become such a major hit all over the world and amongst Brits. But if you ever feel like you're not making any sales and the old rags are just taking up unnecessary space in your wardrobe, one seller, mum Isabella, may have the solution. Despite joining Vinted just seven months ago, in December 2024, the cash-savvy mum has made an eye-watering fortune of £10,470. According to Isabella, who posts under the username @ isabella.98x, she kicked off the side hustle by flogging stuff she ''no longer used''. However, the mother then ventured into selling items she had spotted elsewhere, such as at car boot sales and second-hand shops. More recently, she shared in a video, Isabella has started sourcing a range of products from a little-known site - Fleek. Whether you're on the hunt for jeans, polo shirts or even Lululemon gear, the wholesale marketplace offers a huge variety of true vintage clothing - which is a strong trend on Vinted. Some of the brands to look out for include Levi's, Burberry, Nike, The North Face, as well as the legendary and iconic Doc Martens - and more. I made £550 in 48 hours reselling clothes but NOT on Vinted - I found a platform where sellers get the full asking price - Spilling the beans on how she's managed to make a fortune, Isabella said in the comments that consistency was key. ''Just been very consistent with posting everyday and trying to source things to sell weekly.'' Following the huge success, the mum has also become ''a fully registered business who declares everything'' to comply with the new Vinted rules. Firms like Vinted now have to pass on customer data to HMRC if a user sells 30 or more items a year, or earns over £1,700. New Vinted rules to be aware of IF you fancy clearing out your wardrobe and getting rid of your old stuff on Vinted, you'll need to consider the new rules that recently came into play. If people are selling personal items for less than they paid new (which is generally the case for second-hand sales), there is no impact on tax. However, since January 1, digital platforms, including eBay, Airbnb, Etsy, Amazon and Vinted, must share seller information with HMRC as part of a crackdown. You're unlikely to be affected if you only sell a handful of second-hand items online each year - generally, only business sellers trading for profit might need to pay tax. A tax-free allowance of £1,000 has been in place since 2017 for business sellers trading for profit - the only time that an individual personal item might be taxable is if it sells for more than £6,000 and there is a profit from the sale. However, firms now have to pass on your data to HMRC if you sell 30 or more items a year or earn over £1,700. It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe. While your data won't be shared with HMRC if you earn between £1,000 and £1,700, you'll still need to pay tax as normal. The new rules were brought in from the start of 2024. Before that, some people making extra income still had to report their profits to HMRC. But now Vinted and other selling platforms and marketplaces like Depop and eBay share data directly with the taxman. It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe. ''I also resell on Amazon and eBay so already have a business set up for that so I just added this onto my business too,'' Isabella went on. '10k on Vinted is insane' Since being shared online, Isabella's epic success has left people open-mouthed, as the video racked up close to 250k views in just one day. More than 2,400 social media users gave the clip a like, as a further 162 flooded to comments. ''Go on then!!!'' a second chimed in. ''10k on Vinted is insane,'' another couldn't believe the astronomical sum.
