India’s luxury market: Pre-owned goods see record growth; handbags, watches lead purchase

India's pre-owned luxury market is experiencing unprecedented growth, with sales of watches and bags surging across online and offline platforms. Retailers report quadrupled sales and significant demand from tier-II and tier-III cities, driven by high aspirations. This boom is seen as a revolution, prompting expansion plans for certified luxury goods.

India’s luxury market: Pre-owned goods see record growth; handbags, watches lead purchase
India's pre-owned luxury market is experiencing unprecedented growth, with sales of watches and bags surging across online and offline platforms. Retailers report quadrupled sales and significant demand from tier-II and tier-III cities, driven by high aspirations. This boom is seen as a revolution, prompting expansion plans for certified luxury goods.