A millennials love affair- China’s second-hand luxury goods market booms

The rapid proliferation over recent years of second-hand luxury sales online platforms have helped fuel an expansion of the market, similar to those of U.S. online luxury reseller The RealReal Inc or Europe’s Vestiaire Collective.”Our income recorded a surge this year during the pandemic as offline stores are mostly closed,” said Xu Wei, founder of Plum, a second-hand luxury products company in…

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