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Stock impact report

Explainer: Underconsumption core's impact on fast fashion [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
And that doesn't include all the products listed by social media influencers in their daily posts. Following last year's obsession with ‘de-influencing' which saw social media users discourage their followers from buying items they don't need, underconsumption core celebrates the use of things consumers already have. What is underconsumption core? Users of the #underconsumptioncore hashtag might show off repaired jeans, decades-old outfits or a pair of shoes completely worn out after years of use. It is important to note that many social media users have noted that these habits are nothing new to those living on a budget. The recent cost-of-living crisis and rising inflation have both certainly added to the trend for make-do-and-mend. Who is joining the trend? Despite the popularity of underconsumption and related trends, it's hard to ignore the success of ultra-fast fashion retailers such as online players Shein and Temu in recent years. So who is joining the trend? Glo Show less Read more
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