Podcast: Vestiaire Collective's Maximilian Bittner on the potential of second hand in luxury
The growth prospects of the second hand luxury market are making the entire sector salivate. Last year, Boston Consulting Group estimated in a study carried out with French platform Vestiaire Collective that while the global annual growth in the luxury goods sector will peak at around 3% for the coming few years, sales of second hand goods should increase by 12% each year.
Luxurynsight X FashionNetwork · Episode 27: ‘Transforming Second-hand Luxury’ with Maximilian Bittner EN
Maximilian Bittner, CEO of Vestiaire Collective, shares his perspective on this phenomenon in our LuxurynsightXFashionNetwork podcast. The executive takes us through his professional itinerary, starting with the world of consulting firms to founding online marketplace Lazada in Singapore then selling it to Alibaba. In a conversation with Godfrey Deeny, Bittner shares his thoughts on the second hand market and his perception of the challenges facing development in the sector, as well as his relationships with brands.
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