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YOU NEEDN’T take out a second mortgage to dress as well as a real-estate magnate. With the rise of luxury consignment platforms like the RealReal and Fashionphile; outlet websites such as the Outnet ...

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Your closet full of designer clothes has quietly become an asset class. Secondhand fashion is booming, and buyers are happy to pay real money for pre-owned luxury. A report by BCG and Vestiaire ...

The handbag gathering dust in your closet might be worth more than you think. Resale has gone mainstream, and demand for secondhand designer clothes is climbing fast. According to BCG and Vestiaire ...