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eBay's Depop acquisition drives $9B in fashion sales fueled by Gen Z

eBay's acquisition of Depop is proving successful, with the combined fashion sales volume reaching $9 billion over the past year. Gen Z's strong interest in secondhand clothing, driven by sustainability concerns and affordability, has significantly boosted Depop's sales, nearly doubling year-over-year in the U.S. This trend is reshaping the fashion industry, with other brands also developing resale programs, and the global secondhand apparel market is projected to reach $393 billion by 2030. AI

IMPACT This trend highlights how younger demographics are driving recommerce, influencing brand strategies and market growth in the apparel industry.

RANK_REASON Significant growth in sales for a major e-commerce platform driven by a specific demographic trend. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

eBay's Depop acquisition drives $9B in fashion sales fueled by Gen Z

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Signal score
3 / 100
Composite score across the factors below. Higher = stronger signal that this story matters right now.
Newsworthiness bucket
Research
Significant growth in sales for a major e-commerce platform driven by a specific demographic trend. [lever_c_demoted from significant: ic=1 ai=0.1]
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Single-source cluster
Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
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product, other
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Low
Off-topic or adjacent — cluster remains reachable but doesn't surface in AI-industry rankings.
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Breaking (< 6h)
Fresh story with cross-source coverage still developing. Ranking may shift as more sources report.

Full methodology in our editorial standards.

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Mia Osmonbekov ·

    Gen Z’s obsession with secondhand clothes is paying off for eBay as its fashion sales with Depop hit $9 billion over the past year

    eBay's CEO says Gen Z believes everything they want already exists, and that mindset is helping drive Depop’s sales