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When the going gets tough, the tough go second-hand
Used designer handbags go for as much as R250,000 in a store at the V&A Waterfront
01 May 2023 - 17:31
Second-hand luxury goods had a stigma attached to them when Michael Zahariev and Luke Calitz started selling preowned handbags and shoes online seven years ago through their brand Luxity.
These days Luxity sells 600 items a month online and in four upmarket stores, including at Sandton City and the V&A Waterfront, with an average price of R12,000 and a monthly turnover of more than R7m...
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