Generation Z youth make thousands of dollars a week selling used clothes
- Some Gen Z members make thousands of dollars a week selling used clothes as a full-time career. They typically sell via Vinted, Europe's leading platform for buying and selling used clothing.
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- Some Gen Z members make thousands of dollars a week selling used clothes as a full-time career. They typically sell via Vinted, Europe's leading platform for buying and selling used clothing.
Ofuk News' Ivana Skatola caught up with Ivan Selleck, one of the first full-time Vinted resellers in the UK, who has been doing this since he was 15 years old. Selleck said he wasn't "literally" ridiculed at school, but a lot of people would say to him, "Why are you selling these old, sweaty clothes?" But he made a lot of money selling used clothes, as he said he achieved revenues amounting to 10 thousand pounds sterling in one month when he was 16 years old.
He was able to buy a Porsche Cayman at the age of twenty. He also said he spent "about 20 or 30 grand last year on trips."
In France, Vinted leads the retail market, ahead of brands such as Zara and H&M. Although it has been in the United States since 2013, its presence there has not been large.
But in January, the company launched a real expansion into the US market. “Once the platform reaches America, it will move to a new level,” Selek believes.
“I know for sure that the used clothing market will overtake the retail market within the next ten years,” he added. Secrets of buying old clothes... 3 ways to shop smartly
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