News Summary

• Launch of clothing brand's Like New platform is the latest sign retailers see growing opportunity in resale.
• Lululemon joins other major brands, such as Canada Goose and Arc'teryx, that are rethinking their approach to used clothing.
• Experts say the appeal of resale to companies is simple: a product that might otherwise be written off can potentially be sold again.
• A DIG360/Angus Reid Institute study released in August 2025 found 77 per cent of Canadians bought pre-owned items in the past year.