It ain't fashion, if it ain't sustainable

Sympany+

Second Chance / Sector Overview

9 October 2024

9 minutes

The socioeconomic impact of second-hand clothing (SHC) trade between the EU27+ and Ghana, Kenya, and Mozambique generated substantial economic impacts in the three African countries.

Ultimately, Second-Hand Clothing Sector Is Vital Part of Creating a Circular Textile Economy

Oxford Economics, leaders in global economic forecasting and quantitative analysis, has just published an exhaustive report on the state of the second-hand clothing trade between the EU27+ and three African nations. Johanna Neuhoff, Director of Economic Consulting, Continental Europe, delves deep into the nuances of the sector and the bearing it has on people on both sides in this free-wheeling conversation.

Subir Ghosh

Interview

Exclusive

Second Chance / Sector Report

9 October 2024

5 minutes

The second-hand clothing (SHC) industry does not only significantly reduce the environmental impact of textile production but also has an underexplored socioeconomic impact.

Socio-Economic Contribution of Second-Hand Clothing Underexplored; Sector Contributed Billions to EU27+ and 3 African Economies

A report that analyses the socioeconomic impact of the second-hand clothing industry in the EU, the UK (EU27+), as also the three African countries of Ghana, Kenya and Mozambique, says that the sector generated a cumulative €3 billion of revenues in Europe alone in 2023.