Luxury brands face rising competition from the secondhand boom

4 hours ago 3
Two young women looking at clothes in a vintage clothes shop

Alistair Berg/DigitalVision via Getty Images

Luxury resale platforms are growing faster than the primary market, forcing major fashion houses to rethink how they win back customers, according to The Wall Street Journal’s “Heard on the Street” column.

Sales at The RealReal (NASDAQ:REAL), the world’s

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