It’s been estimated that the global luxury resale market in 2021 was valued at US$32.61 billion and is expected to increase to US$51.77 billion by 2026.
According to the Research & Market’s insight, the sale of the pre-owned luxury goods has been increasingly very rapidly, and the stigma associated with the consumption of the second-hand luxury has been slowly disappearing. Globally, the demand for luxury resale has been growing – the luxury resale market is projected to grow at a CAGR (compound annual growth rate) of 9.68% during the forecast period of 2022-2026.
With the stats in mind, we round up the best resale websites to help you give your unwanted pieces a new home, all of which are reputable, easy to use and well-edited. Whether you’re looking to sell a designer handbag, a pair of shoes or perhaps a piece of clothing that no longer “sparks joy” for you, but might for somebody else, then visit one of these sites below. Just try not to buy twice as much as you sell…
1stDibs is a leading online marketplace for extraordinary design. Since 2000, the site has captured the magic of the Paris flea market, connecting those seeking the most beautiful things on earth with highly coveted sellers and makers in vintage, antique and contemporary furniture, home décor, art, fine jewellery, watches and fashion with new styles added to the website weekly!
Cudoni offers a convenient, hassle-free selling service and its team takes care of everything, including collecting your items and having them expertly valued. All you have to do is give them a call or fill out a form. As a platform, it’s become a go-to for fashion insiders wanting premium luxury for less – there are often wait-listed or hard-to-find pieces from big names like Chanel, Hermès and Bottega readily available.
Some years ago, founder James Harford-Tyrer, saw a gap in the market for a more elevated resale service, and Cudoni was born.
Like others, WORN provides a revolutionary retail experience through re-sale, curation and community and has been named an immersive platform for discovery. Using the power of social media and e-commerce, worn. is often tried and tested by instore staff and uploaded socially to its near 40,000 strong community.
Founded by Lily Fortescue and Bella Buchanan in 2019, the duo joined forced to offer the best pre-loved items from the most highly coveted wardrobes in London – with a store on Lowndes Street, SW1X that’s certainly worth a visit.
The Luxury Closet
Based out of Dubai and founded in 2011, The Luxury Closet is a leading online boutique for buying and selling new and pre-loved luxury items like handbags, clothes, watches, and jewellery. With more than 40,000 unique items as part of the company’s selection, they feature top luxury brands such as Louis Vuitton, Chanel, Van Cleef and Arpels, Cartier, Rolex, and more.
The site is an absolute treasure trove with endless luxury items worth investing in.
Lampoo was founded in Milan in 2019, with the ambition of enabling its customers to shop more responsibly by choosing second-hand luxury over new. This vision of a circular economy and a more sustainable fashion eco-system is what they call Fashion with a future.
With sustainability as a driving force, Lampoo aims to become the leading resale platform for second-hand luxury in Europe, by providing an easy and quick solution for those who want to buy pre-loved clothing and accessories or sell their unwanted pieces without the time-consuming tasks required to sell on other platforms.