In a hyper-connected world, it feels like everything previously ‘insider’ is more available than ever: from behind-the-scenes access to the lives of public figures to travel experiences immersing people into worlds previously deemed unattainable. But while people embrace this community-based inclusivity and u...

People are craving comfort. Amid what can feel like a state of constant crisis – a layering of traumatic societal events – it can sometimes seem like we’ve lost a sense of scale and cohesion. In the face of this, the desire to retreat into nostalgia is more seductive than ever.

Young shoppers are embracing pre-owned luxury. But while some consumers love the hunt for a bargain, others are seeking an ultra-exclusive and intimate resale experience. Fashionphile’s NYC showroom caters to HNWIs who want to buy or sell second-hand, high-end accessories in person.

Despite supply chain issues causing luxury prices to rise, at Versace purchase decisions aren't being impacted, partly because the resale market provides a financial comfort blanket for high-ticket items. As this happens, brands have the opportunity to lean into desires for exclusive resale options.

How can a luxury brand capitalize on the growing demand for second-hand fashion? By joining up with a company already comfortable with the ins and out of resale. Through its collaboration with Grailed, Ralph Lauren is directly engaging streetwear aficionados with a range of rare vintage garments.

In a tough economic climate, Gen Zers fight to keep the habit of luxury and experiential spending. But how are they sustaining this lifestyle? And can resale luxury be the next big thing? Canvas8 spoke to eight Gen Z Americans to find out what motivates them to splurge.