Daily LInks
1. The post-covid luxury spending boom has begun. It’s already reshaping the economy: Retailers are eager for the rich to spend $2.5 trillion in savings. J.Crew and Uniqlo are reaching for much higher top price points for the new items they’re introducing this season, compared with similar periods last year, competing for the high-end market. – Read More on the Washington Post
2. When Second Hand Becomes Vintage: Gen Z Has Made Thrifting a Big Business. “Thrifting has been normalized. Since so many people are doing it, it’s now seen as cooler. It’s seen as better than going to the mall. Younger people find it fun, like a game. A hunt for something unique.” – Read More on NPR
3. Poverty, pollution and profligacy – a fast-fashion horror story that will make you think twice about buying clothes: “Eighty per cent of donations leave a donation store’s floor not in the arms of individuals […] but packed into huge bales headed many places, including overseas.” – Read More on SCMP
4. RETRO READ: Rwanda Does Not Want Our Used Clothes and is at a Standoff with the U.S. as a Result. Due to the sheer volume of donated clothing in the U.S., most of these wares never make it to shelves in stateside secondhand stores. Instead, they are – or in a growing number of cases, were – shipped to Africa, India, Pakistan, and other far-flung locales, where they are sold to traders, who will then sell them to consumers. – Read More on TFL
5. Everything isn’t Gucci: Trademark law and the secondhand luxury goods market. Gone are the days of a single person selling a fake Fendi Baguette out of the trunk of a car; today, counterfeit goods are knowingly or unknowingly being sold on eBay, Poshmark, or The RealReal. – Read More on Reuters
6. RELATED READ: The Rocky Relationship Between Luxury Resale and (Some) Luxury Brands. Rhe Chanel lawsuits are striking in large part because resale companies have been able to live a relatively lawsuit-free existence. This is because the straightforward resale of luxury goods falls squarely within the bounds of the law. The First Sale Doctrine states that once a trademark owner, such as Chanel, releases its goods into the market, it cannot prevent the subsequent re-sale of those goods by their purchasers, assuming, of course, that the physical condition of the goods in question had been altered or impaired. – Read More on TFL
