February 21, 2024

As a lot as luxurious corporations would like to stamp out the secondhand commerce of their merchandise, it’s an unimaginable activity. All the higher for fashionistas and buyers, who can each profit from this booming enterprise.

Customers have splashed out $1.3 trillion on new luxurious purses, garments, watches and jewels over the previous 4 years alone. At the least a few of that stuff will discover its manner onto secondhand web sites. Whereas previously, unworn luxurious items would collect mud behind customers’ wardrobes, the rise of on-line luxurious resellers like The RealReal and Vestiaire Collective has made it simple for tens of millions of individuals to promote their designer items for money.

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