British Heart Foundation describes ‘exceptionally challenging’ trading after Oxfam’s retail profit reportedly fell 23% amid rise of platforms such as VintedProfits at some of the UK’s best-known charity shops hav…
British Heart Foundation describes ‘exceptionally challenging’ trading after Oxfam’s retail profit reportedly fell 23% amid rise of platforms such as VintedProfits at some of the UK’s best-known charity shops have plummeted as they face a number of pressures, including from online secondhand clothes platforms, prompting claims that a key part of the sector’s fundraising model could be under threat.According to unpublished accounts seen by the Financial Times, Oxfam’s retail profit fell 23% to £4.9m in the last financial year, compared with £6.4m in the previous year. Continue reading…
Source: The Guardian – World
🔑 Key Takeaways
- Wire dispatch directly ingested from World news | The Guardian.
- Published at Sat, 31 Oct 2026 15:10.
- Source URL: https://www.theguardian.com/society/2026/oct/31/profits-uk-charity-shops-oxfam-shift-secondhand-clothes-market