Cross Industry Learnings: What Fashion Retail Can Learn from the Used Car Industry
The purpose of this research is to explore current boundaries of the fashion industry's second hand market and which solutions and approaches can be adopted from the used car industry. The paper is based on the study of existing literature which deals with sustainability in combination with second hand markets in general and adaptable feature of the used car industry. Adaptable features are found using the business model canvas. The key finding of this study indicates that the fashion industry faces immense social and environmental challenges which can be partly solved by the development of the second hand market. Used car industry can be seen as role model for fashion retail. In this study only aspects of used car distribution are highlighted; therefore, characteristics of the recycling of used cars are not examined.