resale market.

Luxury Pre-Owned Market Has Tripled in Size Since 2020, With No Signs of Slowing Down. Report.

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Fashion resale is getting bigger and bigger. Driven by Gen-Z, Preowned Clothing is Expected to Make Up 27% of the Average Resale Buyer’s Closet By 2023. The estimated value of the apparel, footwear, and accessories resale market is between $100 and $120 billion worldwide, more than three times the size it was in 2020, according … Read more

Luxury Brands Benefit from a Healthy and Thriving Luxury Secondhand Market. Survey

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    A Thriving Luxury Secondhand Market Drives Sustainable Consumption. The Consumers Behind Fashion’s Growing Secondhand Market Survey Sustainability, one of the ways luxury brands can benefit from the growing resale market, says a new survey by Vestiaire Collective x BCG. Vestiaire Collective, the leading global community platform for desirable preowned fashion, and Boston Consulting … Read more

£450k for trainers: why vintage fashion is the new smart investment

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In a booming market for Birkins, Baguettes and ‘Lux Anaconda’ shoes, the traditional auction houses are getting in on the act