The Secondhand Luxury Market’s Moment Is Now

In Women’s Wear Daily , BCG’s Felix Krueger and Catharina Martinez-Pardo discuss the growth of the secondhand luxury market, based on a report from BCG and Vestiaire Collective. Growing at a rate three times faster than firsthand fashion, the global resale market is projected to reach up to $360 billion in revenue over the next five years. “Many brands now see it as a key channel for attracting new customers,” Krueger says. “With Gen Z and other resale-native consumers leading the shift, momentum is only growing.”