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AI, Tariffs And The Unexpected Rise Of Secondhand Fashion

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Manage episode 517885704 series 3004484
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
At ThredUp's 600,000-square-foot warehouse in Suwanee, Georgia, roughly 40,000 pieces of used clothing are processed each day. The resale company's logistics network, four facilities across the U.S., now rivals that of some fast-fashion giants. The global secondhand apparel market is expected to reach $367 billion by 2029, growing almost three times faster than the overall global apparel market. For years, Gen Z shoppers have been driving the rise of secondhand fashion. Now, rising prices and new tariffs announced by the White House earlier this year are pushing even more Americans to follow their lead. CNBC got a behind-the-scenes look at ThredUp’s operations to learn more about how new AI tools and tariffs are boosting America’s secondhand market. 00:00 Introduction 1:44 ThredUp's resale machine 3:24 When tariffs hit fashion 5:33 AI and the future of shopping Produced, shot and edited by: Lisa Setyon Edited by: Andrea Miller Narration: Ryan Baker Animation: Emily Park Additional Camera: Jeffrey Moustache Senior Director of Video: Jeniece Pettitt » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to level up your AI skills? Sign up for Smarter by CNBC Make It's new online course, How To Use AI To Communicate Better At Work. Get specific prompts to optimize emails, memos and presentations for tone, context and audience. Sign up today: https://cnb.cx/47ELu8O Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC AI, Tariffs And The Unexpected Rise Of Secondhand Fashion
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790 episodes

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Manage episode 517885704 series 3004484
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
At ThredUp's 600,000-square-foot warehouse in Suwanee, Georgia, roughly 40,000 pieces of used clothing are processed each day. The resale company's logistics network, four facilities across the U.S., now rivals that of some fast-fashion giants. The global secondhand apparel market is expected to reach $367 billion by 2029, growing almost three times faster than the overall global apparel market. For years, Gen Z shoppers have been driving the rise of secondhand fashion. Now, rising prices and new tariffs announced by the White House earlier this year are pushing even more Americans to follow their lead. CNBC got a behind-the-scenes look at ThredUp’s operations to learn more about how new AI tools and tariffs are boosting America’s secondhand market. 00:00 Introduction 1:44 ThredUp's resale machine 3:24 When tariffs hit fashion 5:33 AI and the future of shopping Produced, shot and edited by: Lisa Setyon Edited by: Andrea Miller Narration: Ryan Baker Animation: Emily Park Additional Camera: Jeffrey Moustache Senior Director of Video: Jeniece Pettitt » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to level up your AI skills? Sign up for Smarter by CNBC Make It's new online course, How To Use AI To Communicate Better At Work. Get specific prompts to optimize emails, memos and presentations for tone, context and audience. Sign up today: https://cnb.cx/47ELu8O Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC AI, Tariffs And The Unexpected Rise Of Secondhand Fashion
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790 episodes

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