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Boom time for online market in pre-owned luxury goods

Saturday, October 11, 2014 - 05:50

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NEW LEASE OF LIFE Second-hand prices for an Hermes alligator-skin Kelly bag (above) can exceed the retail price when impatient shoppers want them immediately

Paris

TWO years ago, Marie Green, a San Diego fashion stylist, was running out of closet space. She was spending US$12,000-20,000 a year on high-end clothing, handbags, and shoes - but couldn't wear it all.

Then she discovered The RealReal, an online reseller of luxury clothing and

sentifi.com

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