Your Old Clothes, Her New Clothes, My Business Opportunity

SMU alumnus Aloysius Sng, Founder and Chief Executive Officer of Refash, a second-hand fashion retailer discussed his journey from starting as a clothing wholesaler to successfully navigating the challenges of the COVID-19 pandemic. Refash was born from his observation of unused clothing in his girlfriend's closet, sparking the idea to create a convenient platform for second-hand clothes. Carousell's acquisition of Refash has provided an opportunity for overseas expansion including entering the Hong Kong market in early 2024.

Lianhe Zaobao, p23

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