Inside the billion-dollar fashion resale economy

A Givenchy handbag sold by luxury handbag reseller Rebag.The market for resale, pre-owned or pre-loved fashion is evolving. Shaking off the negative connotations often associated with ‘second-hand fashion’, resellers are offering seamless, social-focused experiences that enable customers to acquire anything from limited edition streetwear and vintage luxury to thrift pieces.
Consumer interest in resale is only expected to grow, with the US market alone predicted to reach $41bn ($31b