Rag News: September 2020
El Salvador Reopens All Businesses Throughout this pandemic, El Salvador has endured one of the strictest lockdowns in Latin America. On March 14th, El Salvador declared a state of emergency. As a result, the circulation of people was prohibited. In fact, Salvadorians were not allowed to leave their homes under any circumstances, unless they […]
Rag News: August 2020
The Importance of Linens in the Recycling World Linens are a scarce product, that does not come around too often in donations bins. In fact, this is one of the reasons why thrift stores don’t sort this product from the institutional clothing. However, it is a commodity that is highly appreciated in the recycling […]
Rag News: July 2020
The Rise of Second-hand Clothing Second-hand clothing has been on the rise in the recent years, but in the next 2-5 years it’s forecasted to increase exponentially. The second-hand clothing market is projected to grow up to $51 billion in the next five years. As the market increases, big box retailers see the potential […]
Rag News: June 2020
The truth about COVID-19 on second-hand clothing. It is normal to wonder whether it is safe to buy and use second-hand clothing during this pandemic. Many must be asking themselves “Can the virus be spread through clothes?” The Bureau of International Recycling argues that it is unlikely that second-hand clothing can be infected by […]
Best Practices to face COVID-19
Rag News: May 2020
What is going on in the Marketplace? Great Toronto Area (GTA): Ontario government extended the shutdown until the end of May. Graders will need to sort through thousands of pounds in sitting inventory, once they reopen. There could be a reluctance to buy early on, until end markets stabilize. Texas: Businesses opening back up, […]
The second life of Used Clothing during COVID-19 Pandemic
How Bank & Vogue Supported The Community During The Pandemic This pandemic has brought multiple global problems, one of them being the shortage of face masks worldwide. The need for face masks grows every single day, since the increase of Covid-19 cases around the world. There are many ways to use second-hand textiles, other than […]
Rag News: Special Coronavirus Edition
The Effects of Coronavirus on the Market Without a doubt, this Pandemic has had a major effect on many countries and economies around the world. The global economy has taken a major hit. People are spending less, and more people have become unemployed due to business closures. Not only have there been macro-economic effects […]
The Bulletin
Rag News: April 2020
Bank & Vogue presents the Rag News, the source of the hottest news to keep up-to-date on the global used goods industry. “Bank and Vogue is running and fully committed to supporting all our customers and vendors” – Steven Bethell What is going on in the marketplace? Great Toronto Area (GTA) […]
