This could really bite the big apple.
The second -hand clothing industry can be dodging the tariffs of imported goods, but the impact of President Trump’s rates on second -hand stores can still bring a demolition ball to companies throughout the city, the resellers said to the post.
“There is a lot of rhetoric that everyone will turn second [clothing] When the wallets harden, “said Alexis Krase, owner or second -hand store with a large more Blyn in Greenpoint.
“But in general, I think that, ultimately, Meeans are also more critical of spending dollars in general: general sales will be low.”
Krase, 40, said that it is already a smell of what will come: Trump first promulgated some of his most international tarl this month, when his store saw “the worst day we have had all year.”
“We did only $ 250 [in sales] That day, which is not enough to pay my staff, “Krase said.” And the next day when [Trump] He rolled it, returned to normal, so there is definitely fear in consumer spending. “
Tourism in the Big Apple, The post reportedThe tank is expected due to rates and the corresponding uncertainty of the stock market. And according to the national hospitality director to cost, a data tracker of the industry, the city “probable has not seen this type of deceleration since 2020”.
North Brooklyn’s modern nabes are also a great saving access point for European travelers: they represent approximately half or general customer base of Krase, he said, and a decrease in tourists abroad could paralyze their store.
Kate, the manager of other people’s clothing store, a Reading Store from Revalia in Bushwick, told the post that a decrease in tourism could not only be a coup for the business, but also the entire block of hip coffees and restaurants near the avenue.
Amid the fears that brick and mortar purchases can fall into the hut, online sales could see a boom thought, according to the new real applications data.
Nine online resale markets, including eBay, Mercari, Depop and Craigslist, saw that downloads increased 3% from January to March in what serves as the first quarterly gain of collective applications in three years, In accordance with the associated press.
“I think there will be many more competitors in the market,” predicted Williamsburg resident, Ale Aguirre, a great saver that recently began a resale of clothing and crystal store online.
But competition together with tariffs could cause prices in the second -hand market to shoot.
Aguirre, 26, who founded True wings With friends Hannah Yi and Steph Bang, they said they have already seen price increases in the popular second -hand joints such as Beacon’s Closet.
L Train Shopper Vintage Yulia, who refused to provide the last name here, echoed that the second -hand market has become increasingly inaccessible to the average consumer.
“Most second -hand stores are already so expensive that it is cheaper to go to Zara,” said Williamsburg resident. “What follows? People will begin to make their own clothes and crochet.
“Rich children will be rich children regardless of what, and normal people like us will have to solve it.”
Krase promised not to increase prices, but Aguirre admitted to face an ethical dilemma on whether to resell at a higher cost, especially if affordable clothes become more difficult to find.
“I don’t want to take from people who finally need it, that we are very deliberate with what we end up buying,” said Aguirre.
While tariffs can promote demand in the resale market temporarily, Steve Lamar, president of the American Association of Apparel & Footwear, said that counterfeiters and other shaded actors who find ways to evade surcharges will be the “real winners” in an exchange.
“Authentic and socially responsible brands have just been more difficult,” added Lamar.
Ultimately, Krase just expect Trump to throw 180 “because … I think no small company can survive this.”
– With Lisa Fickenscher reports
