Resale news and archive

Which luxury handbags have gained the most value between 2020 and 2025?

As gold and silver prices have increased steadily over the last five years, many high-net-worth individuals have been making other strategic investments outside the financial markets. Investing in everything from fine art and rare coins to luxury fashion, a new study from FashioNica, an online platform specializing in the sale of authentic,...

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Circularity platform Responsible acquires European sneaker marketplace Klekt

Belfast-based fashion technology firm Responsible, which powers circularity platforms for brands and retailers, has acquired Europe’s largest sneakers platform, Klekt, pronounced like ‘collect’, formerly known as Crep, for an undisclosed amount. In a statement, Reponsible, which helps clothing and footwear companies buy back and resell their...

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Second-hand: When reselling becomes more effective than traditional digital tools

After years of expansion driven by online advertising and social media, brands are now reaching a financial point of no return: customer acquisition cost. According to Datareportal and Statista, the cost of a conversion via Meta Ads climbed by 61 percent between 2021 and 2024, while Google Ads increased by 44 percent. At the same time,...

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The RealReal records strong Q3 financial performance

Luxury consignment platform The RealReal, Inc. delivered a strong third quarter for 2025, reporting accelerated growth and significant margin expansion as the company leans into the luxury resale market. The online marketplace saw gross merchandise value (GMV) increase 20 percent year-over-year to 520 million dollars, driving a 17 percent rise...

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Fashion

StockX launches auction feature for collectibles

Resale marketplace StockX has introduced a new bidding feature for sought-after collectibles underlining its commitment to offering rare, hard-to-find items. Dubbed ‘StockX Auctions’, the new function enables exclusive premium bidding on a curated selection of products, from game-worn sneakers to pop-culture memorabilia. The inaugural action,...

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Resale platform Poshmark appoints first chief product officer

US-based resale marketplace Poshmark has named Heather Friedland as its first chief product officer. In this newly created role, Friedland has been tasked with overseeing the company’s product strategy, roadmap and execution as it looks towards its next phase of growth. Friedland joins the company from Ancestry, where she also served as chief...

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New BFC report underlines commercial benefits of repair and resale

A new report by the British Fashion Council (BFC), in partnership with management consultancy Clarasys, has outlined the commercial and strategic benefits of implementing repair and resale initiatives into a business. The report, titled ‘Customer-Centric Growth: A Playbook for Scaling Repair and Resale in Fashion’, stated that while circularity...

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Fashionphile acquires Luxe Collective to launch in the UK

US-based luxury resale platform Fashionphile has acquired the intellectual property, customer database and social media channels of luxury British pre-loved marketplace Luxe Collective, which was forced to shut down earlier this year following a break-in at its warehouse, where it was reported that over 500,000 pounds in stock was stolen. In a...

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G-Star rolls out secondhand programme Rewear to Belgium, Germany and France

Denim label G-Star is expanding its online secondhand platform, Rewear, to Belgium, Germany and France. Through the platform, customers can buy and sell secondhand G-Star clothing. The service is part of the brand's Repair–Rewear–Recycle strategy, which aims to make clothing last longer or give it a second life. “Our designs are made to last, so...

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Vestiaire Collective report: Second-hand market grows three times faster than new goods

According to a new study by the resale platform Vestiaire Collective and the Boston Consulting Group (BCG), second-hand fashion and vintage luxury products are projected to reach a market volume of up to 360 billion dollars by 2030, compared to the current 210 to 220 billion dollars. This represents an annual growth of 10 percent, a rate three...

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SecondSense secures funds to make luxury resale more accessible

SecondSense, the data-driven secondhand luxury marketplace, has closed an oversubscribed 2 million US dollar institutional round, led by Outlander VC. The platform, which officially launched this summer, has become known as the authority resale price index for secondhand luxury handbags, as its technology tracks millions of data points to...

Fashion |Report

Gen Z pave the way for resale fashion going mainstream in the US

The secondhand market for fashion in the United States is booming, as 93 percent of consumers have purchased a secondhand item over the past year, according to the 2025 Recommerce Report by OfferUp in partnership with GlobalData, and Gen Z is reportedly at the forefront of this growth. Secondhand shopping has reached mainstream acceptance, with...