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Second-Hand, First Choice

That coveted designer piece is finally within reach with more platforms allowing people to access pre-owned luxury items at lower prices, BT Weekend finds out

Published Fri, May 23, 2014 · 10:00 PM
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MOST women know what it's like to lust after a luxury item. But what happens when that $8,000 Chanel classic flap handbag is just out of your financial reach? That's where the second-hand market comes in. With social media and technological advancements in recent years, more platforms have been popping up to give people access to pre-owned luxury items at lower prices.

Some of them have been so successful, that they have spawned physical shops, expanded their storage space, or even started developing their very own unique mobile application. One of the newest entrants is The Closet Raiders, run by Instagram-celebrity Jamie Chua and her business partner Sharon Tang. Though they only started last month, their Instagram account - on which they conduct most of their business - has already garnered over 13,000 followers.

"We have sellers telling us that their items are sold within minutes of us posting them on Instagram," says Ms Tang, 36.

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