Pre-owned is growing like nobody’s business. Second-hand clothing, for example, was worth $141 bn in 2021 and will likely reach $230 bn this year, with an estimate of hitting $350 bn by 2028.
IKEA, whose 20th century war-cry in the UK was “Chuck out your Chintz” is now a paragon of sustainable thinking and doing - and strives to be a circular company by 2030. Joining the IKEA Buy-Back Service is a peer-to-peer marketplace, IKEA Preowned. It’s starting off in Madrid, but aims to roll out globally in the next few months. This is a good example of how AI is helping make good ideas a reality.
And what better way to celebrate your new-old BILLY bookcase than to fill it with a few new-old books? But don’t sleepwalk your automatic pilot to Amazon. There’s a new way now which benefits both indie bookshops and authors. It’s called Bookloop and it has been set up by Bookshop.org partnering with the Society of Authors and the Authors’ Licensing and Collecting Society. This means that a % of royalties will go to authors - something that Amazon wouldn’t dream of doing.
All aboard the literary carousel and off we go!
I wonder if you’ll find this one there?
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