If you've been on the fence about shopping secondhand — or wondering whether resale is really worth your time — the answer just got a whole lot clearer.
Bank of America's Institute just released new data this April, and the numbers tell a compelling story: resale fashion is booming, and it's not slowing down.
Secondhand Is Having a Moment
According to Bank of America's latest consumer spending analysis, the number of secondhand fashion transactions per household grew nine times faster than secondhand spending in March 2026. What does that mean in plain English? People are shopping resale more often — and they're finding incredible value at every price point.
The number of sellers on resale platforms also grew 16% year-over-year. Supply is up. Demand is up. And quality-curated resale boutiques like Kim's Closet are exactly where smart shoppers are turning.
"The fashion world is splitting into two lanes — and resale sits beautifully at the intersection of both."
Budgets Are Changing How People Shop
Bank of America's data also shows that consumers across all income levels are spending less per resale purchase since April 2025 — not because they're buying worse things, but because they've discovered they don't have to. Pre-owned doesn't mean second-rate. It means smarter.
Meanwhile, traditional department stores continue to lose ground, while discount and luxury resale both surge. Whether you're hunting a $25 Zara bodysuit or a $450 Valentino shoulder bag, the value equation has never been more obvious.
What This Means for You
At Kim's Closet Boutique, we've always believed that great style shouldn't require a retail price tag. Every piece in the closet is personally inspected, honestly described, and priced to give you real value — whether you're picking up a $25 Zara bodysuit or a $800 Burberry coat.
With new drops added weekly and pieces listed across Poshmark, Mercari, and Vinted, there's never been a better time to browse. The best pieces go fast — sign up for New Drop alerts so you're always first in line.
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Source: Bank of America Institute, "Secondhand Fashion Creates a Closet Refresh," April 2026.