Free Subscription

  • Access 15 free news articles each month


Try one month for $4
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

Why luxury brands are bowing down to resale

No one could’ve expected a small community-led resale app to be one of the top shopping apps in the world, yet Depop is now worth US$1.62 billion and was acquired by Etsy in July earlier this year.Gen Z’s go-to for the secondhand market, you can find just about anything on Depop. The same profile selling a lightly used Dior bag is also selling a thirty dollar tank top.The resale market is accelerating 11 times faster than traditional retail, making it among the fastest growing sectors in the