According to the latest report from luxury consignment platform TheRealReal, Gucci currently leads the pack when it comes to resale, while streetwear has kept its cool and logomania is conquering new categories.
The world is changing and fashion and beauty need to change too - and fast - speakers at the Decoded Future summit in London said. Sustainable packaging, rental, resale and Gen Z mean the old rules no longer apply.
A new report by The RealReal shows Hermès, Gucci, Van Cleef and Canada Goose are some of the most valuable brands that shoppers can give this holiday season, as the year's top performers when it comes to resale value.
Online retail giant Ebay has extended its authentication program to watches this week, in a move to limit the number of fake timepieces being sold on its platform, increasing consumer confidence in the items being sold.
Online luxury consignment service The RealReal has released its midyear 2018 State of Luxury Resale report, revealing a range of trends, including top-searched brands, popular products and fluctuations in resale value.
As it pushes forward with the expansion of its network of brick-and-mortar stores and fulfillment centers, the US-based platform dedicated to second-hand luxury products has received $115 million in Series G financing.
Luxury goods authentication start-up Entrupy has announced the expansion of its operations to Japan, positioning it to combat the distribution of counterfeit high-value goods in one of the largest luxury resale markets.
Swiss luxury watchmaker Audemars Piguet said it would launch a second-hand business this year, becoming the first big brand to announce plans to tap into a fast-growing market for pre-owned premium watches.