By  on October 15, 2019

PARIS — The pre-owned market is set to grow around 12 percent a year, outpacing luxury industry growth to reach a 9 percent share of the personal luxury goods market, according to estimates from a survey conducted by the Boston Consulting Group and luxury fashion resale platform Vestiaire Collective.

The study, titled “Why luxury brands should celebrate the pre-owned boom,” was based on a survey of more than 1,000 Vestiaire Collective clients and 12,000 surveyed for a BCG and Altagamma survey.

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