Fast fashion - The one-time "fever" is gradually cooling down

Fast fashion used to be a popular choice for many people because of its low prices and keeping up with trends. However, this business model is gradually declining due to negative impacts on the environment and changes in people's consumer attitudes.

(Source: Getty Images)

The rise of the luxury secondhand market

As consumers become increasingly concerned with sustainability and personal style, the luxury secondhand market is booming, with resale platforms like Vestiaire Collective attracting shoppers.

Vestiaire Collective is one of the most reputable luxury secondhand shopping platforms in the world. It has over 140 expert appraisers to ensure the quality and authenticity of its products. Vestiaire Collective also offers great promotions and customer support, and is known for the following:

Unique and iconic products: Unlike mass-market fast fashion, high-end pre-owned items often have unique designs, bearing the mark of time and the personal style of the previous owner.

Reasonable price: Compared to buying new high-end products, buying used items helps save costs significantly.

Eco-friendly choice: Buying secondhand helps reduce fashion waste, protect the environment and promote a circular economy.

Trend of shopping for high-end used goods in Vietnam

In Vietnam, the market for luxury second-hand goods is growing at a rapid pace. According to a report by Vestiaire Collective, searches for the word “Vintage” have tripled in Hong Kong over the past year, and the number of Vestiaire Collective members is also increasing in Asia.

Vietnamese consumers, especially young people, increasingly prefer to buy high-end second-hand goods. They care about product quality, reasonable prices and want to express their unique personal style.

Tips for consumers new to used luxury goods

Choosing a reputable platform: When shopping for high-end used goods, it is important to choose a reputable platform to ensure product and service quality. Vestiaire Collective is one of the leading reputable platforms with a team of experienced appraisers and a 99.9% accuracy rate in identifying fakes.

Focus on classic designs: Some classic designs are always popular and hold their value forever, such as the series designed by Pharrell Williams for Louis Vuitton, Gucci during the Alessandro Michele era, and Valentino during the Pierpaolo Piccioli era.

(Source: Louis Vuitton)

Shop the Archive Room: Vestiaire Collective has a dedicated Archive Room for unique and rare vintage items. This is the place to find unique and iconic pieces.

Fashion style of Fanny Moizant - President of Vestiaire Collective

Minimalist and practical: Her wardrobe is limited but she maintains a minimalist aesthetic because she doesn't follow trends.

Superior quality and long-lasting: Most of these pieces come from Vestiaire Collective and many are designed by Phoebe Philo.

Shop consciously: Every time she buys a new item, she considers donating an old garment to Vestiaire Collective.

(Source: Vestiaire Collective)

The fast fashion market is gradually becoming saturated, replaced by sustainable fashion trends and a preference for high-quality, reasonably priced and environmentally friendly products. Shopping for high-end secondhand goods is a smart choice to help you express your personal style, save money and contribute to protecting the environment.

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