Resale is making gains in December holiday gift shopping

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Associated Press

NEW YORK (AP) – Second hand. Like new. Thrift. Buy Nothing. Gently used. There are lots of ways to describe consumption in the booming resale market.

Add “Merry Christmas!” to the list. Resale has taken off among those looking to save the planet and spend less on gifts during what can be the most wasteful time of year – the December holidays.

This year’s supply chain delays have provided extra motivation. Luxury resale marketplace The RealReal says it saw a 60% jump last year over the year before among those choosing gift boxes with purchases during the holiday season.

Last month, the online site, which has 16 brick-and-mortar consignment stores around the U.S., saw orders with gift boxes rise significantly for Gucci and Louis Vuitton items.

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12/14/2021 7:36:01 AM (GMT -6:00)

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