Rebag, an online resale marketplace for luxury handbags, is getting additional capital as it prepares to expand its offline retail operations. Across the globe, luxury shoppers are beginning to move away from the status-symbol 'buy-it-new' mentality, as they shop the look by any means possible.

The streetwear resale market is booming as more people pursue bargains and rare pieces through niche communities and thrift stores. In this rarity-led sector, StockX is monetizing the supply and demand of footwear, fashion, and accessories through a slick site that’s more Wall Street than Walmart.

Luxury retail brand Farfetch has acquired high-end sneaker and streetwear marketplace, Stadium Goods. FarFetch's buyout signals how the luxury fashion world now converges with streetwear's, and how luxe shoppers in particular, expect hunting down rare or exclusive items to be far easier.

Considered the most disruptive force to come into collision with the clothing industry this century, streetwear – and hype culture – has transformed fashion. With established brands now vying for a piece of the streetwear community, how has this sub-culture influenced modern fashion?