A new report by Retail Economics and law firm Squire Patton Boggs found that more than 7 million Brits are turning to the second-hand market to deal with the cost-of-living crisis. 

This shift in customer behaviour is particularly prevalent among the millennial (25- to 44-year-old) and Gen Z (18- to 24-year-old) age brackets, with 30% and 28% of respondents buying more resale or second-hand products.