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2 clusters · 5 sources · 22 days · First seen · Last updated

Second-hand fashion market growth in Spain and Latin America

Overview

The second-hand fashion and circular economy market is experiencing growth through both physical retail expansion and technological advancements in Spain and Latin America.

In Argentina, the brand Galpón de Ropa has expanded its circular fashion model into shopping malls, opening a retail and collection point at Dot Baires Shopping. The company, which circulates approximately 40,000 garments monthly, is planning further domestic locations and a regional expansion into Uruguay and Chile.

Concurrently, the sector is seeing increased professionalization and investment. In Spain, the technology company Ruit secured 880,000 euros in funding to provide a technological layer for professional second-hand sellers. In Mexico and Colombia, digital platforms such as GoTrendier and Vestua are gaining popularity by offering social C2C marketplaces and digital consignment services for various brand tiers.

Entities

Ellen MacArthur Foundation · GoTrendier · Abac Nest · Dot Baires Shopping · Luis Grau

Timeline

  1. [BUSINESS] 2 sources
    Second-hand e-commerce platforms expand in Spain and Latin America

    Tech startup Ruit secures funding in Spain to professionalize second-hand retail, while platforms like GoTrendier expand the circular fashion market in Mexico and Colombia.

  2. [BUSINESS] 3 sources
    Galpón de Ropa expands circular fashion model into shopping malls

    Argentine circular fashion brand Galpón de Ropa has opened its first shopping mall location and plans to expand into Uruguay and Chile as the second-hand clothing market continues to grow.

Sources

ajalmagazine.com · bankmagazine.com.ar · levante-emv.com · titulares.ar · vanguardia.com.mx