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CALIFORNIA – Fashion resale platform Poshmark has announced that its services will launch across India in the coming months.

The company, whose marketplace enables users to sell unwanted items between them, is a beneficiary of growing appetite in pre-owned apparel among consumers.

Research from online consignment store ThredUp previously estimated that the fashion resale market will increase in value at a compound annual growth rate of 20 per cent over the next five years.

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