Micheal Kors is launching its own second-hand market, keeping in mind the booming pre-loved bags and other products. The Capri subsidiary has already opened its platform for shoppers in the US. The trend of buying and selling second-hand products is gaining traction, especially in the luxury marketplace. These second-hand luxury marketplaces help retailers expand their lifespan and promote reuse and sustainability. Michael Kors has named the platform as PreLoved Michael Kors, WWD reports.
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