Research
February 19, 2024
Fueled by younger shoppers and increasing demands for on-trend designer items, a new study introduces the “Fast Luxury” model. Image credit: Coresight
By Emily Iris Degn
As trend cycles become shorter, a new reality is hitting the global resale market.
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","iv":"a5365c86f17a13e31cf54733aaa9ab55","s":"9f84f30143023af1"}
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