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As secondhand luxury soars, authentication becomes a new gold standard

Pelican Press

By Pelican Press,
in World News

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As the global market for secondhand luxury items surges, authentication has become the defining factor separating credible platforms from the rest. The resale market for fashion and luxury items is expanding at an annual rate of 10%, three times faster than the firsthand market, according to a report released Oct. 9 by Boston Consulting Group and luxury resale platform Vestiaire Collective.

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