Luxury News

Luxury Resale Market Nears $40 Billion in 2025—and Keeps Growing

While primary luxury sales directly from high-end brands have softened in recent quarters, the resale sector is experiencing its own boom. In 2025, the global luxury resale market is estimated at $...

Luxury Resale Steps Into the Spotlight with Impressive Q2 Earnings from The RealReal

The luxury market is cooling in certain corners, but resale is telling a different story. The RealReal’s Q2 2025 earnings report revealed a 14% year-over-year revenue jump, reaching $165 million. G...

Chanel Launches Nevold, a Bold New Recycling Venture with Industry-Wide Ambition

In an ambitious move towards rethinking the luxury fashion lifecycle, Chanel recently launched Nevold, a new standalone entity dedicated to the recovery, reinvention, and large-scale production of ...