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Luxury Resale Heats Up in China
Local start-ups and a major global resale player are amping up investments in China, where policymakers and investors are betting on the circular economy.
Will Luxury Resale Take Off in China? It’s Complicated.
Before the pandemic there were hopes that young Chinese consumers were finally warming to the idea of luxury resale after cultural taboos about secondhand clothes abated. But with post-virus safety concerns now front of mind the market has hit another impasse.
Will Luxury Resale Take Off in China? It’s Complicated.
Before the pandemic there were hopes that young Chinese consumers were finally warming to the idea of luxury resale after cultural taboos about secondhand clothes abated. But with post-virus safety concerns now front of mind the market has hit another impasse.