The Secondhand Market Contends With Potentially Looted Goods
No matter how you feel about looting, one fact remains: A lot of luxury goods are now flowing through grey markets. And with the resale market growing bigger every day, there are more outlets to sell secondhand items than ever before. Hope-Noelle Davenport, the founder of resale site HauteTrader, doesn’t think that companies like hers should profit off of merchandise that was looted during protests. That is why she’s issuing the #BloodFashionChallenge on social media, in which she asks her competitors — think Poshmark, eBay, ThredUp, Vestiaire Collective, Rebag, Fashionphile, The RealReal, Depop — to stand with her to “intercept attempts of looters to sell or exchange stolen merchandise in legitimate online marketplaces.” Read more at Fashionista.