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40% of holiday budgets shift to secondhand gifting: ThredUp
Conducted by GlobalData and surveying 2,000 consumers, the study finds that consumers plan to allocate nearly 40% of their total holiday budgets to secondhand gifts, up from the 30% they typically spend on resale in their everyday shopping. According to the report, over half of shoppers (52%) say they are more likely to focus on getting more items for less money this year, and 51% plan to start shopping earlier to maximize value.
Source: Fashion Network
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