The Limited Times

Now you can see non-English news...

Fashion: the second hand is revolutionizing Parisian department stores

2021-09-09T16:09:33.283Z


DECRYPTION - For a long time a playground for bargain hunters and broke students, vintage has become the new holy grail of Boulevard Haussmann, in a period of less creativity and questioning of the environment.


The second-hand fashion figures speak for themselves: a market weighing 1.2 billion euros in France, growth of 15% to 20% per year during the next five years, and a turnover that should overtake that of fast fashion by 2028. Who would have thought that Kiliwatch would dethrone H&M?

And above all, who would have imagined that second-hand clothing departments would set up on the floors of department stores on Boulevard Haussmann, whose economic model, since the early 2000s, had been geared towards luxury and international customers, in Asian particular?

Read also

How the second hand irresistibly extends its grip

In the absence of these wealthy tourists, these temples of consumption have no other choice but to speak to "locals", to encourage them to open their doors and to resume their popular mission.

“In fact, we realized that it was time to win back the hearts of the local public before the Covid.

And for a simple reason: the share of foreigners being very important, our growth lever

This article is for subscribers only.

You have 86% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-09-09

You may like

News/Politics 2024-04-03T19:56:41.784Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.