As the stigma of purchasing second-hand items disappears, the value of the pre-owned luxury market has soared to over $16 billion. Yet counterfeits still pose a big problem. Can consignment store InstantLuxe ease worries around authenticity and get shoppers spending big on pre-loved?

With over 60% of women in the UK buying and selling pre-owned clothes online, the second-hand market is booming. There’s just one problem – counterfeits. eBay is now responding to shoppers’ worries when buying vintage goods on its site with an authentication system.

Americans buy five times as many clothes as they did in 1980, with 10.5 million tons shipped off to landfills annually. While brands like Patagonia are making coats that last a lifetime, Twice is helping people monetise decluttering. But can second-hand shopping match the buzz of fast fashion?

A growing number of Aussies have gotten a taste for bargain hunting at second-hand shops and sites. A new report has valued the Australian market for such goods at $40 billion – $10 billion more than in 2015. And people are realising they can make a lot of cash selling on unwanted possessions.