Korean recommerce hits $5.2 billion: How K-Fashion is redefining the global secondary market

A modern Seoul skyline and digital market data visualization of the global transformation of South Korea's retail market.
South Korea's $5.2 Billion: How K-Fashion is Redefining the Global Secondhand Market With the U.S. secondhand market at $200 billion and China's at 1 trillion yuan, South Korea's tiny $5.2 billion market is becoming a laboratory for global luxury secondhand innovation that major markets around the world are studying and emulating. What makes South Korea special is not the size of the market, but the sophistication of the market. South Korean consumers were recently named the world's largest luxury consumers, and this... Read more
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