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thredUP Releases Its Ninth Annual Resale Report with First-Ever Impact Section

thredUP Releases Its Ninth Annual Resale Report with First-Ever Impact Section
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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The Sudden Growth Of Secondhand And The Online Resale Market

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The Sudden Growth Of Secondhand And The Online Resale Market
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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. ....

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Invest in these 10 designer bags with the best resale value

January 09, 2021
Instagram/chanel we love
It goes without saying that not all designer bags are created equal. If you’re lucky to own the ultra-luxurious and rare ones, chances are, they might fetch sky-high resale prices. Case in point: The highly sought-after Hermès Birkin So Black was sold for a record-breaking US$208,000 (S$274,000) in Hong Kong last year.
A bag’s potential resale value is not solely based on whether it has an exclusive design or not. The Luxury Handbag Report 2020 points out that the item’s condition will also determine its selling price in the resale market; in other words, you’ll want to make sure that your precious bags are well maintained and free of scuffs or damage . ....

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