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Luxury resale shop with vintage treasures unbuttons first Austin store
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The RealReal Has Launched an Original Upcycled Luxury Collection
The uber-popular consignment shop has partnered with fashion houses including Balenciaga, Jacquemus, and more to create one-of-a-kind upcycled pieces in an effort to make luxury greener. Apr 1, 2021
Balenciaga coat, upcycled by Atelier & Repairs, from the RealReal ReCollection 01, $1,950; Richer Poorer top, $34; Tibi pants, $495; Bernard James necklace, $1,650; Feiyue sneakers, $25 Kathryn Wirsing
The RealReal, the quickly growing digital consignment store and fashion editors’ best-kept shopping secret, is now expanding its second-life fashion enterprise with its own original line. The debut collection consists entirely of upcycled pieces created in partnership with eight luxury brands: Balenciaga, Dries Van Noten, Stella McCartney, Jacquemus, Simone Rocha, Zero + Maria Cornejo, Ulla Johnson, and A-C
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Home / Knowledge / Article / Fashion / The Sudden Growth Of Secondhand And The Online Resale Market
The Sudden Growth Of Secondhand And The Online Resale Market By: Click to explore our newest AI enabled Analytics. Share
In its most recent 2020
Resale Report, Thredup shared insights from contrasting consumer perspectives:
that of pre-covid, and that of post. The data confirmed two trends the
further acceleration of online shopping (expanding the opportunities of e-commerce
and marketplace businesses) as well as the sudden value placed on quality over
quantity of goods, thus enticing consumers towards the world of secondhand and
resale shopping.
Covid-19 has made most shoppers cost-conscious this holiday season, but those with cash to burn are still finding ways to splurge. As retail sales in general suffer, luxury fashion the previously owned kind is flying off the shelves.
Peer-to-peer online luxury consignment shop Tradesy reported a jump in sales over the past few weeks. Customers are stocking up on used high-end shoes, jewelry and handbags. The Santa Monica, California-based company usually doesn’t see a spike in purchases this time of year, said Tradesy Chief Executive Officer Tracy DiNunzio. But 2020 is different.
Sales of rings this month soared 92% compared with last year, DiNunzio said, Cartier being a customer favorite. Sales of Saint Laurent boots meanwhile climbed 36%. She attributes her increased sales to a sense among consumers of doing their part leaning toward sustainability in a time of crisis.
Holiday Shoppers With Money to Burn Covet Secondhand Luxury
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