This article at Bloomberg claims that "...new clothes are becoming as cheap as used ones, and poor countries are turning their backs on the secondhand trade". It also says that "...The tide of secondhand clothes keeps growing even as the markets to reuse them are disappearing." However, the article provides no direct evidence for this claim such as a survey of clothing prices over time. Instead, it focuses on a single company in India that makes blankets from recycled materials. On a discussion board about the article, there are anecdotal claims that thrift stores are actually thriving and that clothes prices are not going down.
Are retail store clothes prices dropping significantly enough to impact the used clothing market?