secondhand market
First Revenge Buying, Then Panic Selling. Is China’s Luxury Fever Cooling Down?
Chinese HNWIs are selling their Rolex and Hermès to raise quick cash. As the economy tumbles, is luxury really recession-proof? Read MoreAre Luxury Brands Pushing Out China’s Middle Class?
Frequent price hikes are turning away loyal customers. How far will brands go to achieve exclusivity before thinning out their clientele? Read MoreHow to Get Chinese Brides to Buy Designer Gowns Second-hand
Even among status-driven Chinese consumers, a company with a unique business model is seeing interest in its second-hand designer gowns. Read MoreChinese Startup Uses WeChat to Give Second-Hand Luxury Business a Boost
A Chinese start-up offering to resell designer handbags is tapping into the nation's largest social media app WeChat to give resellers a digital boost. Read MoreChina’s Image-Conscious Young Professionals Drive Luxury Consignment Boom
A recent Chinese news article reports that luxury consignment shops are top performers in China's growing secondhand luxury market. Read More