Understanding the expansion of circular markets: Building relational legitimacy to overcome the stigma of second-hand clothing

Despite evidence showing that the expansion of circular markets, particularly second-hand clothing markets, may be constrained by so-called green stigma, our understanding of the extent to which stigma can be decreased is limited. By focusing on the cultural construction of the mass second-hand clot...

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Detalles Bibliográficos
Autores: Valor, Carmen, Ronda, Lorena, Abril Barrie, María Del Carmen
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/72473
Acceso en línea:https://hdl.handle.net/20.500.14352/72473
Access Level:acceso abierto
Palabra clave:Market expansion
Legitimization
Circular markets
Habitus
Fashion
Second-hand clothing
Green stigma.
Empresas
5311 Organización y Dirección de Empresas
Descripción
Sumario:Despite evidence showing that the expansion of circular markets, particularly second-hand clothing markets, may be constrained by so-called green stigma, our understanding of the extent to which stigma can be decreased is limited. By focusing on the cultural construction of the mass second-hand clothing market in a European country, this study demonstrated that the emotional and validation work carried out by institutional actors—i.e., players (vendors), media and consumers—constructs the relational legitimacy of the market, which eventually leads to market expansion. The results of this study provide a novel explanation of market expansion by unveiling a key mediating process: the formation of a new habitus that, in turn, sustains the construction of relational legitimacy judgements of circular business models by overcoming green stigma. The results also inform the study of transitions by showing that micro-foundational work can explain market expansion.