The Rise of Consignment Stores Selling Luxury Products at Low Prices
Once upon a time, there was a taboo about consigned luxury clothes. It was the fact that they were not new. In the past decade, retailers noticed a change in the buying habits of people. Since the economy went down and environmental consciousness rose, there has been a growth in the consignment industry by almost 10%. This was the time when two-thirds of all American industries lost jobs. Consignment boutique, like outlets, have been popping up in most of the big cities and all over the internet, since the economic slowdown of 2008. The mentality has changed. People are trying to maximize the use and the value of things.