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Here’s How the ‘Circular Luxury’ Resale Economy Benefits Premium Brands

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Following The RealReal’s $300 million IPO in June and its subsequent partnership with Burberry, it seems luxury brands are now waking up to the possibilities the resale boom presents. On Wednesday, the Boston Consulting Group (BCG) and luxury resale player Vestiaire Collective released a survey that makes another compelling economic case for the secondhand luxury…

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