Retail
March 31, 2025
Digital platforms and lower-cost alternatives are becoming more prevalent as the price of prestige goods rises amidst record inflation. Image credit: Consumer Edge
By Zach James
The value of the secondhand retail market is steadily rising, according to the latest findings from New York-based market intelligence firm Consumer Edge.
{"ct":"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","iv":"033a4aed6c5c7fd94254de50959850bb","s":"58cf1df253248860"}
Share your thoughts. Click here