Certain names are exceptional investments when evaluating luxury brands based on their resale value. The second-hand luxury market in North America was projected to generate $2.6 billion in 2023, with expectations to reach $3.6 billion by 2028, highlighting the potential for substantial resale market growth.
With the continued rise of e-commerce, shoppers seek more personalized and convenient experiences. Small-format stores, ranging between 30,000 and 50,000 square feet, enable retailers to curate products that align closely with local tastes and preferences, making shopping more enjoyable and relevant.