Profitable Growth of Luxury Resale Market 2027 |RealReal, Inc., Vestiaire Collective, Poshmark Inc., ThredUp, Inc. Gucci, Hermès, and Rolex

Luxury resale refers to the buying and selling of the previously-owned luxury goods. In the past few years, the sale of the pre-owned luxury goods have been increasingly very rapidly and the stigma associated with the consumption of the second-hand luxury has been disappearing. In contrast with the new luxury, pre-owned luxury is usually less expensive and have some traces of wear-and-tear. It has also been suggested that the buyers of the second-hand luxury are not necessarily poor, in fact they are either value-conscious consumers or fashion-conscious consumers. Luxury Resale…

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