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April 3, 2025
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Retail

Resale market benefitting from luxury slowdown: report

March 31, 2025

Digital platforms and lower-cost alternatives are becoming more prevalent as the price of prestige goods rises amidst record inflation. Image credit: Consumer Edge Digital platforms and lower-cost alternatives are becoming more prevalent as the price of prestige goods rises amidst record inflation. Image credit: Consumer Edge

 

By Zach James

The value of the secondhand retail market is steadily rising, according to the latest findings from New York-based market intelligence firm Consumer Edge.

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  1. European buyers shopping more often on live platforms: report
  2. Natural Diamond Council launches digital education hub
  3. Burberry inks multiyear partnership with V&A Museum
  4. Banyan Tree to expand global wellness offerings
  5. Luxury Unfiltered: Brands must adapt or perish in the Gen Z era
  6. Kering acquires Italian eyewear manufacturer Visard
  7. Latest Tumi campaign features lightest hardside collection yet
  8. Aston Martin employs newly-earned Royal Warrant
  9. Gucci reimagines classic accessory with ‘Art of Silk’ campaign
  10. Follow @LuxuryDaily for the latest in luxury news
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