Officials Indiana Hoosiers Rags To Roses Rose Bowl Game Champions 2026 Shirt
Another significant opportunity identified in the report is in pre-loved luxury goods. India has a long heritage of reuse, the authors point out, which is being upheld by younger generations. “Vintage jewels, textiles and other precious pieces handed down through generations hold great appeal for zillennials [individuals born roughly between the mid-1990s and early 2000s] who have faith in concepts like sustainability and circularity,” the report states. This shift might come as a surprise, especially since international secondary shopping platforms have struggled in India. (Poshmark launched in the country in 2021, and closed its website just two years later.) Earlier this year, Relove, a platform co-founded by leading tech entrepreneur Kirti Poonia (also co-founder of Camera, an AI fashion photography tool used by industry giants like H&M), also closed its website. “Pre-loved does have potential to be a good business in India, but not a great one. Indians are not keen on buying secondhand clothing,” Poonia says.Officials Indiana Hoosiers Rags To Roses Rose Bowl Game Champions 2026 Shirt
However, she says there is an opportunity in watches and handbags (especially watches, which act as status symbols for the newly wealthy). It is in this segment that Tata Cliq Luxury is focusing its pre-loved offering. “The watches category on our platform is well established and continues to perform exceptionally well,” says Tata Cliq CEO Gopal Asthana. “We saw a natural progression in expanding into the pre-owned space.” The platform has seen a strong demand for secondhand watches from non-metro markets like Ajmer, Bhubaneswar, Cuttack, Guwahati, Patiala and Raipur. When it comes to handbags, Gucci is its top seller, with the demand mainly stemming from Tier 1 and Tier 2 cities. “There has been a 600 per cent rise in the price of Swiss watches over the last 17 years,” Jay Makhijani, founder of luxury watch reseller Jay’s Watch Store, which has locations in Bengaluru, Ahmedabad and Mumbai, said in the report. “And while pre-owned watches are also expensive, the secondary market allows the newly rich, who have just begun collecting watches, to shop with ease — there are no waiting lists and no screening processes to navigate.”
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