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Thank you. From Wondery, I'm David Brown, and this is Business Wars Daily on this Tuesday, April 4th.

With inflation still near historic highs, there aren't too many people who aren't

looking for a bargain here and there. But there's also been some backlash against cheap

clothing that's been produced quickly and in high volume, so-called fast fashion, and its impact

on the environment. Well, together, these issues have been good news for e-commerce resale

platforms that specialize in second-hand clothing and accessories.

Nearly two-thirds of consumers have either bought from or sold on one of these platforms in the last year,

and more than one-third plan to increase purchases from them next year.

That's according to Morning Consult.

Competition among the platforms themselves is also heating up as they try to grab a bigger piece of the market.

So the companies are making moves to attract more buyers and get a leg up in some creative ways.

...