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UNITED KINGDOM, JUL 21 – UK consumers saved £5.6 billion in 2024 by buying pre-owned goods amid rising costs and environmental concerns, with spending set to reach £4.8 billion in 2025, CEBR reports.

  • Earlier this year, research by the Centre for Economics and Business Research projects the UK second-hand shopping market will reach £4.8 billion, up from £4.3 billion in 2024.
  • Research findings highlight three key drivers, including cost-of-living pressures , expanded product selection and environmental awareness , according to research by the Centre for Economics and Business Research.
  • Consumer figures confirm spending patterns reveal that average monthly spending rose to £124.80 from £58.40, ATTRIBUTION: YES- Centre for Economics and Business Research.
  • Yet, barriers such as product condition concerns , lack of warranties , and seller trust issues must be addressed by retailers, research by the Centre for Economics and Business Research says.
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In 2025, fashion is no longer just about “being trendy.” It means being aware of the environmental impact of your choices, managing your budget wisely, and building your authentic style.

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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Bloomberg broke the news in United States on Sunday, July 20, 2025.
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