Textile & Apparel
Apparel/Garments
Second-hand clothing sector contributes $7.6 bn to EU27+ GDP: Report
Oct 12, 2024
Insights
- Second-hand clothing sector contributed $7.6 billion to EU and UK's GDP in 2023, supporting 150,000 jobs, including 110,000 green jobs.
- A recent report highlights the sector's role in driving sustainable growth, mainly in lower-income countries.
- The report calls for supportive policies to boost the sector’s potential as a key player in building a circular economy and addressing climate goals.