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Walmart Taps Into $32 Billion Second Hand Clothing Market



Retail giant Walmart

has found another way to profit during the pandemic with its new strategy of selling second hand clothes. The company has partnered with ThredUp, a resale marketplace for used fashion items like Chanel bags, Michael Kors clothing, Gucci accessories and Nike

shoes, to sell through its online platform. Among e-commerce apps, 26% of African American adults use Walmart at a higher rate than the total population, according to Nielsen. Lower-priced brand name goods may resonate with this demographic of Walmart shoppers at a time when millions of Americans are unemployed, or coping with pay cuts, as the company looks to tap into the $32 billion resale market.  

The Breakdown You Need To Know: 

CultureBanx noted that you know it’s a new day when Walmart and trendy online thrift stores join forces, especially if you consider the Bureau of Labor Statistics found that Black people spend around 3% of their household expenditures on clothes, this could be a great way to save some money and stay in stylee. Not to mention that the resale market is expected to expand from $32 billion this year to $51 billion by 2023, according to research from ThredUp and GlobalData Retail. 

ThredUp bills itself as the largest online thrift store and offers more than 750,000 items across 2,000 brands. Customers will get free shipping from Walmart so long as they spend $35 or more, and items can be returned at nearby stores.

The head of Walmart’s e-commerce business in the U.S., told CNBC “We are absolutely seeing this as an opportunity to support a bigger portion of our customers’ closets.” The company declined to provide financial terms of the ThredUp deal.

Second Hand Profits:

Beyond customers closets, is the profit waiting to be made.Walmart can help drive up profitability of its e-commerce business, which has been unprofitable this far. The company’s e-commerce sales grew by 74% in Q1 2020, during the coronavirus pandemic. It’s possible that secondhand fashion items can help the retail giant drive greater returns. Shares of Walmart are up nearly 5% year to date. 

Thrift stores are no longer viewed as a place where low-income people shop, they attract more middle class consumers in search of vintage and one of a kind items. Walmart is vying for a way to better service this demographic with its e-commerce platform. For decades the company has dominated the grocery sector, but still lags in fashion despite several valiant efforts. They previously acquired plus-sized women’s apparel company Eloquii, along with ModCloth and menswear company Bonobos. ThredUp has partnerships with other retailers, including Gap

and Macy’s


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Fashion & Style

Coronavirus outbreak: Surat jewellery store sells face masks adorned with diamonds worth Rs 4 lakh




You might have read about the man from Pune, who got a gold face mask made for himself for Rs 2.89 lakh, to protect himself from the novel coronavirus. If that news left you stupefied, wait till you hear the latest update. A jewellery store in Surat is selling face masks adorned with diamonds worth Rs 4 lakh.

The store in Surat has been manufacturing face masks made of gold, silver, diamonds and even American diamonds, since the past month. The masks are layered with lines of jewels in several patterns.

Deepak Choksi , owner of the jewellery store, said that he got the idea of making diamond masks after a customer placed an order for it.

“A customer came to our showroom recently and bought jewellery for his wedding that is scheduled in the near future. He also asked us to make a mask for him that he will wear during the ceremony at the mandap. We discussed the plan with our designer and he selected a mask, and also purchased it after we customised it for him,” Deepak Choksi said.

Masks made of gold, adorned with American diamonds, are sold for Rs 1.5 lakh each. Gold and white gold masks that are set with diamonds, are sold for Rs 4 lakh each.

Deepak Choksi also said that the jewels from the masks can be reused later to make necklaces and bracelets.

“We have gold and American diamond masks that are sold for Rs 1.5 lakh each. The highest range is of white and yellow gold masks, studded with diamonds, that are sold for Rs 4 lakh each. N-95 masks have been used to make it. Masks are washable. People should look at it like an investment. In the future, you can make a necklace, and other jewellery with the jewels from the masks. You can reuse it,” he added.

Customers are pretty much interested in purchasing such jeweled masks. Devanshi, a teenage customer, said that she bought a diamond mask that was matching with her outfit she is supposed to wear to a family wedding soon.

“I came to buy gold earrings. I saw diamond masks are being sold here and those seemed more attractive than other jewellery. There is a wedding in my family soon and I need a mask to match with my outfit. So, this mask goes with my outfit, and hence, I bought it so that I look unique,” Devanshi said.

Watch the video here:

In India, the number of confirmed coronavirus cases has crossed eight lakh. Gujarat’s Covid-19 case count has crossed 32,000 with over 1,800 deaths.

ALSO READ: Pune man wears gold mask worth Rs 2.89 lakh to protect himself from coronavirus

ALSO WATCH: Coronavirus outbreak: Most popular myths busted

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Fashion & Style

A French artist creates 3D murals that appear to jump out of the wall




  • Goerges Rousse, who goes by SCAF on Instagram, is known for his realistic graffiti art.
  • The French artist has been painting walls since 2002, and he has recently focused on 3D artwork.
  • Rousse posts his work on Instagram, where he often dresses up and plays with perspective to create an image that looks like it’s jumping out of the wall. 
  • Visit Insider’s homepage for more stories.

Walking through France’s winding streets, you might stumble upon a lifelike crocodile, a terrifying dinosaur, or a friendly elephant.

There’s a chance those realistic paintings were created by Goerges Rousse, a 37-year-old graffiti artist. Rousse is known for using perspective, and he creates 3D artwork that feels like it’s jumping out of the wall.

The self-taught artist has been painting walls for nearly 18 years under the name SCAF. Over the years, he’s gained an Instagram following of nearly 130,000 people.

Thousands of people are mesmerized by his work, and Rousse shared with Insider in an email that he’s “evolved a lot since I started.”

Here are some of his most impressive pieces. 

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Fashion & Style

The 7 Best Scrunchies




Thanks to the rise of the normcore and ’90s trends, scrunchies are having a moment again — and it doesn’t seem to be dying down anytime soon. Hair experts, for their part, couldn’t be more thrilled: After all, traditional hair elastics are known to be majorly damaging to our hair. If you’re eager to get in on the trend, or if you’re simply looking to expand your existing scrunchie collection, take your pick from any of scrunchies featured ahead. But keep in mind that the best scrunchies are made of super soft materials that won’t snag your hair (like silk), and they won’t contain too-tight elastics that can contribute to breakage.

Some other ways to help prevent hair breakage? Try to take breaks from wearing your hair up, and when you do pull your hair back, opt for loose styles rather than tight, high ponytails and buns. (If you’re looking for inspiration, check out these ways to wear scrunchies that feel modern and fresh). Also, try to switch up the location of your ponytail as often as possible. This will help prevent one area of your hair from becoming overly damaged.

And of course, if you are going to wear your hair back, opt for a scrunchie whenever possible. With picks as cute as the ones featured on this list, you won’t be tempted to go back to rubber elastics anytime soon.

We only recommend products we love and that we think you will, too. We may receive a portion of sales from products purchased from this article, which was written by our Commerce team.


The Best Cheap Scrunchies

When it comes to cheap, foolproof scrunchies that won’t damage your hair, you’d be hard-pressed to do better than these classic Goody Ouchless jersey scrunchies. Sold in a pack of eight for just $5, these scrunchies were designed so as not to cause pain or snagging when putting hair up or taking it down. Choose from all black or assorted colors.

If you’re all about quantity over quality, these are the scrunchies for you. Sold in a pack of 65 (!!!) for just $9 — that’s about 14 cents per scrunchie — these scrunchies come in assorted colors and designs, ranging from solid colors and florals to animal prints and polka dots. In each pack, you’ll get 30 velvet scrunchies, 20 satin scrunchies, and 15 chiffon scrunchies. Keep in mind that these scrunchies are on the smaller side, so they probably won’t be the best choice for anyone with thick, long, or curly hair.


The Best Silk Scrunchie

Silk scrunchies are probably the gentlest way you can tie up your hair — so it’s worth investing in a quality one. This one is made of 100% pure silk charmeuse with invisible stitching and a shiny luster, so it looks just as high quality as it feels. Choose from over 20 colors, ranging from pretty pastels to minimalist neutrals.


The Best Matte Scrunchies

In each box of Frenchie Scrunchies, you’ll get six scrunchies in three colors — black, navy, and gray — in two sizes (small and large), all made of gentle chiffon. Plus, because they come packaged in a sturdy magnetic box, they also make an excellent gift.

Who knew Copenhagen-based fashion brand GANNI made such chic scrunchies? (If you’re shopping for your stylish friend who has everything, consider this the perfect utilitarian gift.) Made of 100% cotton poplin with a chunky, oversized look, they’re sold in five cool prints (including the red and white stripes, pictured).


The Best Scrunchies For Wet Hair

These genius scrunchies from Kitsch are made of soft, absorbent microfiber, so they’re perfect for when your hair is still wet or damp. Microfiber is also incredibly gentle — it’s even said to help prevent breakage and frizz — so this is another great choice for anyone looking to cut back on damage to their hair. If you don’t love the palm leaf print, the scrunchies also come in plain white.

More than just a scrunchie, these adorable hair ties from LOVESHACKFANCY are a full-on accessory. Style them with a simple white tee and jeans, and you’ve got yourself a total (albeit effortless) look. They’re sold in two whimsical floral prints with oversized bow accents, both made of gentle gauze.

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