By  on April 11, 2019

Charles Gorra, founder and chief executive officer of Rebag, the digitally native luxury resale business with five stores, believes several massive trends are powering the resale market.

The first driver is that Millennials are seeking sustainable products; the second is value shopping, particularly after the recession, and the third is that the sharing economy is rising and people want to be asset-less. Witness the success of Lyft and Rent the Runway, he said.

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