{"id":39092,"date":"2025-04-24T11:37:12","date_gmt":"2025-04-24T11:37:12","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/04\/24\/from-etsy-to-ebay-secondhand-retail-stocks-poised-to-gain-as-tariffs-push-consumers-toward-thrifting\/"},"modified":"2025-04-24T11:37:12","modified_gmt":"2025-04-24T11:37:12","slug":"from-etsy-to-ebay-secondhand-retail-stocks-poised-to-gain-as-tariffs-push-consumers-toward-thrifting","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/04\/24\/from-etsy-to-ebay-secondhand-retail-stocks-poised-to-gain-as-tariffs-push-consumers-toward-thrifting\/","title":{"rendered":"From Etsy to eBay: secondhand retail stocks poised to gain as tariffs push consumers toward thrifting"},"content":{"rendered":"
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The secondhand retail sector, long the domain of budget-conscious and environmentally aware Gen Z shoppers, may be poised for broader adoption as tariffs threaten to increase the cost of new goods. <\/p>\n

Rising prices on imports, particularly apparel<\/a> and electronics<\/a>, are prompting consumers to consider more affordable options, potentially giving a new tailwind to the thrifting ecosystem, a report by Barron’s said<\/a>. <\/p>\n

The shift could not only benefit traditional thrift stores and online resale platforms, but also offer investors new opportunities. <\/p>\n

Several companies\u2014ranging from online upstarts to legacy players\u2014are positioning themselves to tap into the expected surge in secondhand demand.<\/p>\n

Younger generations have already embraced thrift stores \u2014 both brick and mortar and online \u2014 as a go-to shopping destination. <\/p>\n

“Older shoppers could follow suit as firsthand product prices increase, said Sender Shamiss, CEO of ReturnPro. “”The economics of it are going to sway a lot of consumers,” she said. <\/p>\n

Online resale platforms regain attention despite rocky IPOs<\/h2>\n

Online resellers like ThredUp, The RealReal, and Poshmark were among the earliest to attempt to scale secondhand fashion into digital marketplaces. <\/p>\n

All three debuted on public markets in the past six years amid strong interest in the so-called \u201ccircular economy.\u201d <\/p>\n

However, scaling up proved difficult. ThredUp now trades at a fraction of its IPO price, as does The RealReal. <\/p>\n

Poshmark exited the public markets entirely, selling to South Korea\u2019s Naver for under half its debut valuation.<\/p>\n

Despite these setbacks, investors are reconsidering the sector. <\/p>\n

The ongoing US-China trade dispute has led many to anticipate higher import costs, especially on apparel, electronics, and home goods. <\/p>\n

Resellers, who source products locally rather than from overseas suppliers, may now enjoy a competitive advantage.<\/p>\n

James Reinhart, CEO of ThredUp, was candid about the upside during a March earnings call. <\/p>\n

\n

Anything that increases the cost of new apparel is likely also to provide some modest tailwind to secondhand goods, because we don’t have exposure to bringing in products from overseas.<\/p>\n<\/blockquote>\n

A ReturnPro survey of over 500 consumers found that 55.4% would be more likely to buy from resale platforms to avoid paying more for tariff-inflated goods. <\/p>\n

If borne out in consumer behaviour, that shift could provide significant upside for resale operators.<\/p>\n

Thrifting\u2019s cultural rise intersects with economic headwinds<\/h2>\n

The movement toward resale has been culturally driven, especially by younger shoppers. <\/p>\n

According to Piper Sandler\u2019s semiannual \u201cTaking Stock with Teens\u201d survey, 45% of teens bought clothing secondhand this spring. <\/p>\n

This shift is reinforced by environmental awareness, social media trends, and economic caution.<\/p>\n

In 2024, the US secondhand apparel market grew 14% year over year to $25 billion\u2014five times faster than the broader retail clothing market, according to a widely cited 2025 report by ThredUp. <\/p>\n

Projections suggest the market could reach $74 billion by 2029, growing at an average annual rate of 9%.<\/p>\n

Still, economic uncertainty could moderate this momentum. <\/p>\n

As concerns mount over a slowdown in discretionary spending, some fear demand for even low-cost options could dip. <\/p>\n

\u201cIt\u2019s bad for everybody, but I would say it\u2019s less bad for resale,\u201d said Jeff Lindquist, partner at Boston Consulting Group. <\/p>\n

\u201cSecondhand is simply better positioned to weather softer consumer sentiment.\u201d<\/p>\n

Etsy and eBay offer less risky resale exposure<\/h2>\n

Investors exploring the resale trend have a range of options, but many of the newer, digital-first platforms remain unprofitable and volatile. <\/p>\n

For lower-risk exposure, analysts suggest Etsy. While its core business is handmade and vintage goods, the company\u2019s acquisition of secondhand fashion platform Depop in 2021 has paid dividends.<\/p>\n

Depop ranked as the fifth favourite teen shopping site this spring and grew gross merchandise sales by over 30% in 2024, even as Etsy\u2019s total GMS declined. <\/p>\n

BTIG analyst Marvin Fong believes Etsy\u2019s risk profile remains attractive. “The combination of healthy [free cash flow], low expectations, reasonable valuation, and a strong competitive position offers a relatively favourable risk-reward,” he wrote in a note following Etsy’s February earnings report.<\/p>\n

Another established player benefitting from the thrifting trend is eBay. <\/p>\n

Though it has fallen off the cultural radar somewhat, eBay remains a key resale platform\u2014especially for electronics, car parts, and collectibles. <\/p>\n

Shares are up 7.3% year to date, outperforming the broader S&P 500\u2019s decline.<\/p>\n

“We still see eBay shares as one of the relatively safer places to hide in our e-commerce coverage,” wrote Lee Horowitz, an analyst at Deutsche Bank, in an April 14 note.<\/p>\n

Brick-and-mortar players like Savers see new growth runway<\/h2>\n

Thrifting is not just an online phenomenon. Savers Value Village, a traditional thrift-store operator, went public in 2023 and has quietly become a standout. <\/p>\n

Unlike many of its digital peers, the company has delivered consistent profits\u2014posting adjusted earnings per share of 58 cents for fiscal 2024.<\/p>\n

With a footprint that spans both Canada and the US, Savers is well-positioned for long-term expansion. <\/p>\n

William Blair analyst Dylan Carden initiated coverage with an \u201cOutperform\u201d rating, citing competitive advantages and a favorable macro backdrop. <\/p>\n

\u201cWe believe that weaker peers, growing acceptance of resale, and the fractured nature of the market all support Savers\u2019 longer-term growth vision,\u201d he wrote in an April note.<\/p>\n<\/p>\n

The post From Etsy to eBay: secondhand retail stocks poised to gain as tariffs push consumers toward thrifting<\/a> appeared first on Invezz<\/a><\/p>\n

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The secondhand retail sector, long the domain of budget-conscious and environmentally aware Gen Z shoppers, may be poised for broader adoption as tariffs threaten to increase the cost of new goods. Rising prices on imports, particularly apparel and electronics, are prompting consumers to consider more affordable options, potentially giving a new tailwind to the thrifting <\/p>\n","protected":false},"author":1,"featured_media":39093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39092","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39092"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39093"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}