While budget concerns are seeing luxury buyers turn to pre-owned items, challenges persist as they seek foolproof authentication to verify the hidden gems they’ve discovered. Canvas8 spoke to seven Britons to explore their affinity towards resale platforms for high-end goods.
Resale platforms are a staple of the contemporary shopping experience, but do people trust them enough to splurge on luxury goods? Canvas8 spoke to five Americans about the pros and cons of buying high-end items second-hand, and whether they’d ever switch back to buying new from a brand.
Is luxury really recession-proof? What’s behind the success of luxury collaborations? How did quiet luxury give rise to the new look of sustainable upmarket goods? How are the fine jewellery and Swiss watch markets being disrupted? And what drives people to luxury resale?
Despite being the largest producer of milk in the world, India has traditionally never been associated with cheese production. But things are rapidly changing, with a slew of artisanal cheese companies mushrooming around the country due to a rising economy and a desire for novelty and globalisation.
Festival season is a buyer’s market for fashion-forward Indian consumers, with much of the spending on textiles, garments, and jewellry. International brands are taking notice of the growing appetite of India’s affluent classes for luxury and responding with collections to satisfy their tastes.
When HNWIs have the wealth to enjoy all earthly delights available on the planet, the only next logical step is to look beyond it. Why are the ultra-wealthy taking extreme risks to travel to the final frontiers, and how can brands tap into this appetite for exploring the limits of human experience?
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