News: The Latest Headlines In Luxury Resale
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News: The Latest Headlines In Luxury Resale
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In this episode of Closet Full of Cash, we’re talking about some of the biggest stories currently impacting the luxury resale industry. From the Poshmark shoe return scam, to Entrupy’s move away from hardware devices and into app-based authentication, we unpack what these shifts mean for resellers and the industry impact it will have.
We also discuss LVMH’s recent revenue decline, what it signals about the state of luxury retail, and why resale continues to outpace retail as consumers become more value conscious, and sustainability focused. Plus, we dive into Meta’s growing AI moderation problem and how automated systems are leading to accounts being hacked and stolen.
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