2024 is the Year of PRE-OWNED Fashion
by HULA Marketing on Aug 21, 2024
As we enter the second half of 2024, it's clear that pre-owned fashion is having a standout year! Whether you're a seasoned thrifter or new to the vintage scene, here's what you need to know about the current state of the fashion industry and making sustainable choices.
In 2024, the fashion world is at a crossroads, with sustainability taking center stage. According to BOF, global regulators are gearing up to enforce new rules on everything from how clothes are made to how they're recycled. Despite some progress, like the EU's push for a climate-friendly fashion industry, many brands are still stuck in old habits, relying heavily on fossil fuels.
Not everything is rosy in the world of circular fashion. Fashion United reports that despite all the buzz around sustainability, actual progress in moving towards a circular economy has been slow. The Circular Economy Report 2024 reveals a drop in global circularity rates, suggesting that while everyone's talking about sustainability, fewer are taking concrete steps to make it happen.
In essence, while the fashion industry is making strides towards a greener future, there's still a long way to go. With regulations tightening and consumers demanding more eco-friendly options, the pressure is on for brands to step up their game and embrace sustainable practices wholeheartedly. The challenge lies in turning talk into action and making sustainability not just a trend, but a lasting commitment that shapes the future of fashion for the better.
Investing in vintage designer bags
Investing in vintage bags isn't just about style and sustainability—it can also be a savvy financial move. As Vogue points out, brands like Hermès, Chanel, and Louis Vuitton hold their value remarkably well. For instance, a Hermès Constance or a Chanel Deauville Tote can retain over 100% of their resale value, making them smart investments. Even if you can't afford these bags at full price, buying pre-owned and holding onto them can prevent loss and potentially turn a profit when you decide to resell. It's a stylish way to think about your wardrobe and your wallet.
Whether you're looking to make a statement or secure a piece of fashion history, our curated collection of HULA's designer bags is here to guide you!
