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The Resale Market in 2023

The Resale Market in 2023

Resale items currently make up approximately one-quarter of secondhand products buyers’ closets but they are expected to make up 27% of closets by 2023. Sarah Willersdorf, global head of luxury and coauthor of the report at BCG, said: “It is now certain that consumers...

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Rolex Enters the Resale Market

Rolex Enters the Resale Market

Rolex is going to enter the second-hand watch market allowing customers to buy watches that have been checked for their working condition, certified as authentic by the brand (or qualified authorized dealers), and sold with a Rolex two-year international guarantee....

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The Evolution of the Resale Industry

The Evolution of the Resale Industry

The resale market is still growing fast, and this evolution affects your business. A new survey reveals that purchases of pre-owned goods are expected to increase next year. Most survey responders (62 percent) said clothing is most likely to be purchased from the...

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Get Ready to Grab Your Piece of the Holiday Shopping Pie

Get Ready to Grab Your Piece of the Holiday Shopping Pie

Some major retailers are announcing they’ll stay closed on Thanksgiving Day (Nov. 24 this year). And that’s the right move, according to a survey: 68% of U.S. shoppers said stores should be closed on Thanksgiving. Retailers will very much be offering Black Friday...

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