In a significant move, leading Japanese retailers Uniqlo and SHIPS have announced their entry into the second-hand clothing market, reflecting the growing popularity and potential of the thrift industry. Motivated by market trends, these companies hope to tap into the increasing consumer desire for sustainability and value-orientated shopping. Specific plans and models for this venture have yet to be disclosed.

Japan has a rapidly developing thrift culture, fueled by a focus on sustainability and fashionable, low-cost options. It is common for various name-brand stores to also sell second-hand or recycled items. Many consumers regard this activity as a way to contribute to environmental initiatives and save money.

In the US and EU, thrift stores and second-hand goods sales are common and have boomed with increased interest in sustainable fashion. Major retailers including Macy's and JCPenney in the US have also launched second-hand clothing initiatives. However, this trend is more prevalent amongst independent stores rather than larger chains.