0 Engagements
Millennials and those in Generation Z are embracing thrift shopping 2½ times faster than any other age group.
That is according to research published by ThredUp, the world s largest fashion resale platform inspiring a new generation to think second-hand first, in its 2020 resale report.
Purchasing used clothing is a niche trend that is also gaining traction in Singapore.
Mr Gilbert Salonga, owner of Lucky Plaza Bazaar, told The New Paper that 60 per cent of its customers are youth in Singapore as the younger generation likes upcycling our clothing .
YOUNGER FANS
Meanwhile, SSVP Shop s venture into social media marketing during the circuit breaker also attracted a younger fan base. They make up 40 per cent of its customers, displaying an awareness of being sustainable and buying responsibly , said shop supervisor Maurice Wong.
Clifford Chance advises lenders on the first-of-its-kind LNG vessel financing in Ghana
International law firm Clifford Chance has advised the lenders on the construction, development and financing of 2 LNG vessels to be used for loading, unloading, regasification, storage and transportation services of liquefied natural gas (LNG) in the port of Tema, located in the Republic of Ghana.
The project owner, Access LNG BV, is an LNG Infrastructure company backed by Helios Investment Partners (a leading Africa focused investment firm) and Gasfin Development SA (an LNG infrastructure developer). The lender group negotiating the financing was made up of multilateral agencies, development finance institutions and commercial banks, with ABSA Corporate and Investment Bank acting as global facility agent, security agent and account bank.