Make a Small Fortune Reselling Old Clothes From These 10 Brands

Woman in her closet
Photo by WAYHOME studio /

The back of your closet may be a money-making machine.

With tens of millions out of work and an uncertain future looming, many of us are looking for ways to make a few extra bucks. And selling some of your old clothes may help you rake in a small fortune.

More shoppers are looking at secondhand clothes and other goods than ever before, according to the 2020 Resale Report from ThredUp, an online secondhand clothing store.

About 62 million women bought secondhand products in 2019, up from 56 million the year before.

In addition, 70% of women say they have shopped or are open to shopping secondhand as of 2019, compared with 45% in 2016.

Certain clothes brands are especially likely to fetch higher prices, ThredUp says. The 10 most sought-after brands are:

  1. Frye
  2. Tory Burch
  3. Kate Spade
  4. Dooney & Bourke
  5. Ray-Ban
  6. Coach
  7. Patagonia
  8. Longchamp
  9. Sorel
  10. Reformation

ThredUp notes this is the second straight year that Frye has taken the top slot, while Reformation — a favorite of Generation Z — made the list for the first time.

In compiling its rankings, ThredUp looked at more than 35,000 unique brands on its platform and ranked them based on “demand, virality and value to the seller.”

In a report, CNN Business notes that buying clothes secondhand no longer comes with a stigma. James Reinhart, co-founder and CEO of ThredUp, tells CNN:

“There’s no doubt that millennials and Gen Z have accelerated this trend in the last few years. But now we’re seeing baby boomers and Gen X adopting it, too.”

More ways to make money from old goods

Selling old clothes is not the only way to take in a little extra cash. As we have reported:

“While you’re pulling out brand-name clothes and collectible items, make a separate pile for electronics. Even broken electronics might garner you some extra cash.”

For more tips about how to make money on things you no longer want or need, check out “Cash In on Your Spring Cleaning in 6 Steps.”

If selling isn’t your thing, don’t fret. We have more tips for making extra cash in “10 Money-Making Side Gigs You Probably Haven’t Considered.”

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

7 Common Online Shopping Mistakes That Cost You Money
7 Common Online Shopping Mistakes That Cost You Money

How many of these costly online shopping missteps are you making without realizing it?

6 Investing Tools That Help You Diversify
6 Investing Tools That Help You Diversify

Here’s how you can lend to startup businesses, fund social causes or get in on investments once available only to the very rich.

How to Achieve Your Financial Goals in 2020
How to Achieve Your Financial Goals in 2020

New year, new you. Get your finances on track with the help of these tools for investing, saving, budgeting and earning.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.