The path to profitability: Why some struggling resale names could triumph in the long-run

A worker moves clothing in the storage area at Rent the Runway's "Dream Fulfillment Center" in Secaucus, New Jersey, U.S., September 11, 2019.
Andrew Kelly | Reuters

Secondhand apparel is becoming an increasingly popular option for consumers searching for sustainable fashion and cheaper luxury goods, but until growing sales turn into profits, investors should be cautious when hopping on this trend in the near-term.