Tag
luxury resale
Stories tagged luxury resale.
TikTok Shop Says 94% of U.S. Luxury Resale Revenue Comes From Livestreams
TikTok Shop revealed that 94% of its U.S. luxury resale revenue year to date is generated through livestreams, as the category's gross merchandise value surged 400% year over year. The platform is positioning itself as a trusted destination by requiring sellers to use one of five authentication partners.
Gen Z Luxury Shoppers Turn to Resale Before Buying New, Says RealReal CEO
Younger consumers are price-checking pre-owned luxury goods to estimate future value before purchasing new items, according to Rati Sahi Levesque, CEO of The RealReal.