Rag News: November 2020
Donations for this Holiday Season The year 2020 has been one of the most difficult years for many individuals and organizations around the globe, especially for the ones who experience homelessness. These people in need are at higher risk of contracting COVID-19 and developing complications due to the lack of access to traditional services. […]
Rag News: October 2020
The impact of COVID-19 on the Halloween Season COVID-19 has turned the world upside down. Everything as we know has been impacted; including how we live and interact with each other, how we work and communicate, how we commute and travel. Halloween season has not been an exception. Non-medical masks will not be replaced […]
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 […]
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, […]
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 […]
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) […]
Rag News: March 2020
The Footwear Industry: Change for the better In the recent years, more and more companies around the world have been adapting innovative and sustainable measures in the creation of their products. Some major companies in the footwear industry, have made a tremendous change in their narrative for all sustainability matters. Specifically, companies like Adidas, […]
