Lexington Partners Collects Nearly $23 Billion for Secondhand Private-Equity Stakes

[ad_1] Updated Jan. 9, 2024 2:15 pm ET|WSJ Pro Lexington Partners, one of the oldest investors in secondhand private-equity assets, has raised $22.7 billion for its latest fundraising effort. The…

More Europeans turn to second-hand gifts this Christmas

[ad_1] A new report shows that Europeans want to spend less and buy second-hand this Christmas. ADVERTISEMENT Second-hand marketplaces in Europe are set for an increase in traffic this Christmas, as…

Shoppers urged to buy second-hand festive clothes and gifts amid waste concerns

[ad_1] Hannah Rouch, chief marketing office of Gumtree, said: “Despite many of us wanting to do our bit for the environment, it’s clear when push comes to shove, we turn…

Second-hand shopping a $1-bln-plus business for Amazon in Europe

[ad_1] Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion pound ($1.3 billion) business for Amazon AMZN.O, its UK boss said. Many retailers and manufacturers expect…

ANALYSIS-Britain’s Black Friday shoppers go second-hand in hunt for value

[ad_1] As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for refurbished and pre-owned bargains to save…

Watches of Switzerland bets on second-hand luxury

[ad_1] A branch of Watches of Switzerland is seen in London, Britain, May 30, 2019. REUTERS/Toby Melville/File Photo Acquire Licensing Rights Nov 7 (Reuters) – Watches of Switzerland (WOSG.L), seller…

Inditex’s Zara to Launch Its Second-Hand Platform in France

[ad_1] Spanish fashion retailer Zara will expand its service to sell, repair or donate second-hand clothes in France from Thursday, its owner Inditex said on Wednesday. The service, which will…

How luxury watches are driving the secondhand market

[ad_1] A growing number of consumers are buying secondhand luxury goods to save money or make prudent investments. When it comes to luxury watches in particular, time really could be…

Secondhand Sellers Are Going Premium

[ad_1] The RealReal and ThredUp have gone upscale to improve profitability—a challenge in tougher economic times. [ad_2] Source link

Second-hand electric vehicle sales soar to record levels

[ad_1] Boosting the second-hand market is crucial to increasing the reach and affordability of electric vehicles, however, the sales accounted for 1.7% of the total used car market. By Paul…