Financial Times
In the Financial Times, BCG’s Sarah Willersdorf discusses how the pandemic has accelerated growth in the second-hand luxury market. She states that the second-hand luxury market is experiencing a boost as the current economic cycle has reduced discretionary spending and driven a general shift in consumer sentiment. “People want to get the most for their money, and there is also a sustainability angle that is especially appealing to younger consumers,” Willersdorf explains.