Boom time for online market in pre-owned luxury goods


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 accessories.

"It literally changed my life," said Ms Green, who's sold more than US$50,000 of merchandise on the site and does much of her shopping there. Last year, she bought a limited-edition Louis Vuitton handbag for...

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