Ellen MacArthur Foundation

In the US, resale is growing nearly four times faster than the broader clothing market.*Not only that, but the global second-hand market grew 13% in 2025 and is projected to reach USD 393 billion by 2030. These figures don't just show that circular business models are good for the planet — but that they're also a multi-billion dollar economic opportunity.Despite this growth trajectory, circular business models are caught in an economic trap, and today’s system is stacked against them.New modelli ...

Circular business models — such as resale and repair — are caught in an economic trap which prevents them from scaling. Almost 70 businesses and organisations from across the fashion and textiles industry have already made their position clear, endorsing a business statement to policymakers calling for action. This statement is backed by a new report by the Ellen MacArthur Foundation, ‘The New Bottom Line’, which identifies three existing policy levers to help circular business models ease the p ...

In Europe, businesses that resell and repair clothing are on the rise, creating local jobs and generating revenue. However, they are navigating a regulatory landscape that makes it cheaper to produce new clothes than circulate existing ones. Now, almost 70 businesses and organisations from across the fashion and textiles industry have endorsed a business statement calling for targeted policy action to rebalance the economics of fashion. Peter Semple, CEO of circular fashion marketplace Depop, wh ...