The State of Luxury Resale

Resale's New 'It' Sneakers; Checking In on Wholesale

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WHAT YOU NEED TO KNOW TODAY: MONDAY, AUGUST 21, 2023 The secondary market for luxury goods faces several key challenges, writes Luca Solca. Hokas, Salomons and other "sportstyle" footwear have, by some measures, elbowed out basketball shoes as the resale market's hottest sneakers. Financial results from the biggest US multibrand retailers will provide a status check on the state of wholesale this week. Estée Lauder lowered its annual sales and profit forecasts due to weakness in travel retail and the US.

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LUXURY The State of Luxury Resale By Luca Solca

The secondary market for luxury goods holds significant promise, but there are several key challenges to overcome, writes Luca Solca. READ MORE

RETAIL 'Sportstyle' Footwear Is Taking Over the Sneaker Resale Market By Daniel-Yaw Miller

Brands like Asics, Hoka and Salomon have, by some measures, elbowed out basketball shoes as the secondhand market's hottest sneakers. READ MORE

RETAIL Checking In on Wholesale By Brian Baskin

A bevy of multibrand retailers will give the clearest view yet on the consumer mindset. That, plus what else to watch for in the coming week. READ MORE

Start-Ups Are Vying to Fix One of Fashion's Fossil-Fueled Secrets READ MORE

The Asian Retailer Outgunning Amazon and Walmart in South Africa READ MORE

Clamour Grows for Nike to Sell Replica Mary Earps Shirt After World Cup Final READ MORE

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NEWS BRIEFS Estée Lauder Forecasts Weak Annual Profit on Slow Recovery in Asia Travel Retail Gucci Launches Official Store on JD.com

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