The luxury resale market has seen a significant increase, reaching $39.23 billion in 2023. This growth has contributed to the success of individuals like Ben. The rise in interest in luxury resale is largely driven by the growing millennial population and the influence of social media culture, which emphasizes flaunting designer labels. Reselling luxury items has become a popular side hustle, made easier by the internet allowing sellers to reach a global audience. This trend highlights the shift towards a more interconnected and global marketplace for luxury goods.
