"resale luxury market"
Karl Lagerfeld’s Legacy: Worth of Chanel at an All-Time High
The world was in shock when the house of Chanel announced the passing of Karl Lagerfeld. An icon in the fashion realm, many mourned his death. Millions flocked to social media to pay tribute, including Penelope Cruz and Rihanna. He was celebrated for numerous things – for being a fashion genius, a true visionary or, […]
The Resale Market For Luxury Heats Up
If you’re in the reselling business, you’d be happy to know that the resale market is estimated to be worth $41 billion by 2020. Secondhand business is even expected to be bigger than fast fashion in 10 years. The shift from traditional ownership to buying pre-owned goods isn’t surprising, especially in today’s consumer-driven landscape. Consumers […]
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