USEC Port Strike Update: What the Tentative Agreement Means for Your Supply Chain and How to Prepare

The United States East Coast (USEC) port strike has taken a significant turn, with a tentative agreement between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance, Ltd. (USMX) regarding wage-related matters. This development marks a temporary resolution in a dispute that has disrupted operations across key East Coast ports. However, the resolution […]

The Legal Side of Secondhand Goods: Essential Insights for Wholesalers

The secondhand market is booming, driven by an increasing emphasis on sustainability, circular economy practices, and shifting consumer preferences toward more affordable, unique, and environmentally friendly options. For wholesalers in the secondhand goods industry, it’s an exciting time but one that requires careful attention to the legal landscape. As more businesses enter the space, it’s […]

The Role of Technology in Transforming Secondhand Wholesale

Introduction The secondhand wholesale industry has evolved rapidly over the past decade. Historically reliant on manual processes and traditional supply chains, the sector now faces increasing pressure to modernize and meet the growing demand for sustainable and circular business models. The adoption of advanced technologies such as Artificial Intelligence (AI), blockchain, and data analytics is […]

Rag News: Inside Bank & Vogue’s Annual Meeting + The Future of Recycled Fashion

Bank & Vogue Team Annual Meeting Last week, the Bank & Vogue team came together at our head office in Ottawa for our highly anticipated Annual Meeting. It was an inspiring event where we presented our goals for the upcoming year, aligning on strategies to drive both growth and sustainability throughout the organization. As a […]

5 Old and New Ways to Make Business in Wholesale Secondhand Industry

1. Sourcing and Supply Chains 10 Years Ago: Traditional sourcing: The wholesale secondhand market largely relied on local collection systems (charity donations, small scale thrift stores, municipal programs). Local and regional focus: Wholesalers primarily sourced goods from local donations or nearby thrift stores, limiting reach and selection. Manual processes: Sorting and grading were often manual, […]

From “Waste” to Wardrobe: The Journey of Recycled Textiles

In a world increasingly aware of the environmental impact of fashion, one revolution is slowly but surely transforming the industry: recycled textiles. As consumer demand for sustainability grows, the shift from waste to wardrobe has never been more essential. This journey is not just about recycling fabrics, but about rethinking how we consume fashion and […]

Sustainable Business Practices in the Secondhand Goods Industry

Introduction In an era where environmental consciousness is increasingly driving consumer behavior, the importance of sustainable business practices cannot be overstated. The secondhand goods industry stands at the forefront of this shift, offering a unique opportunity to reduce waste, conserve resources, and promote a circular economy. As a leader in the industry, Bank & Vogue […]

Tips for Suppliers in the Wholesale Secondhand Goods Industry

Introduction The wholesale secondhand goods industry is an ever-evolving market, driven by global demand for sustainable and affordable products. Suppliers play a crucial role in this supply chain, providing the raw materials that keep the industry thriving. This white paper offers valuable tips for suppliers in the wholesale secondhand goods industry, helping them optimize their […]

Rag News – Boost Your Profits in the Secondhand Market!

Taking Inspiration From the Past to Create Denim for the Future The new Wrangler Reborn collection, created in collaboration with our sister company Beyond Retro, is a bold step towards a sustainable future. Launched last July 24th, this collection transforms diverted denim waste into timeless jackets, shirts, jeans, and shorts—crafted with no new cotton, no new […]

Maximizing Profits: Effective Strategies for Secondhand Goods Wholesalers

The secondhand goods market is thriving, driven by a growing consumer preference for sustainable and affordable products. For wholesalers in this sector, maximizing profits requires strategic planning, efficient operations, and strong partnerships. Here are some effective strategies to help you boost your profitability as a second hand goods wholesaler:   Diversify Your Inventory Diversifying your […]