Rising Demand for Secondhand Luxury: Why Authenticity is the New Benchmark of Excellence
Highlights: – The secondhand luxury market is projected to expand to $360 billion by 2030, with increasing demand for authenticated goods. – Platforms like Carousell and Bunjang are investing heavily in sophisticated authentication processes, including AI technology, to combat counterfeit items. – Younger consumers are leading a shift towards secondhand shopping, influenced by affordability and […]
