The eBay and British Vogue Luxury Resale Synergy Taps a Rapidly-Expanding Market
/The eBay and British Vogue Luxury Resale Synergy Taps a Rapidly-Expanding Market AOC Fashion
Model Yilan Hua is styled by Hanna Kelifa in ‘Sheer Pleasure’, another installment in British Vogue’s [IG] collaboration with eBay UK [IG]. Photographer Charlie Gates [IG] captures the second-life luxury looks that include 16 Arlington, Acne Studio, Bottega Veneta, Helmut Lang, Jacquemus, Maison Margiela, Massimo Dutti, Miu Miu, Nensi Dojaka, Simone Rocha, / Hair by Naoke Komiya; makeup by Claire Urquhart
Luxury Resale Expands
In media reports dated August 12, 2024, eBay revealed a significant increase in searches for statement accessories. Searches for "statement bags" climbed 40 percent, while luxury brand Loewe experienced a 35 percent surge in popularity.
The RealReal, Vestiarie Collective and Thredup have loftier online personas in a luxury resale market that garnered $49 billion in 2023 revenue. For all the headlines driven by luxury market revenues in 2023, the luxury resale market was growing at double the pace.