#resale-market

#resale-market

Brits are sitting on a hidden goldmine of old forgotten tech devices that may be gathering dust in the attic, according to a new report from Gumtree. The online marketplace has released its first 'Pre-Owned Price Index', which reveals how much sellers could earn from second-hand tech and household items. And it suggests there's high demand for many old gizmos, from phones to consoles and other household items.

This fall, people are showing their status with chunky bags, high-neck jackets, and expensive jeans. Some of the latter pieces are especially reminiscent of styles from the early 2000s. Luxury cookware and designer candles are also having a moment. Pumpkin spice lattes aren't the only stars of fall this year. Designer jackets, expensive jeans, and statement candles will also be in the spotlight throughout the 2025 autumn season. In appearance alone, these items evoke style and taste.

The launch of the parkas caused major chaos on the Lidl by Lidl site, with users reporting credit card declines and jackets appearing on Ebay for nearly six times the sales price.

Brands are looking for better ways to operate, especially as consumer preferences shift towards sustainability. Resale models lead to improved profit margins and customer loyalty.

Tariffs imposed this year by President Trump have triggered higher prices and decreased selection. Some shoppers have been surprised to learn that the taxes apply to used goods.

With the return of steep tariffs on Chinese sneaker imports, U.S. consumers are likely to see an increase in sneaker prices across the board.