Luxury Resale’s Dilemma, Dick’s Tops Walmart in Sporting Goods, Digital Payment in Beauty

Luxury Handbags

The high-touch beauty industry gets a boost from touchless digital payment options. Plus, Amazon remains the undisputed champion in sporting goods sales, and Rebag CEO says that $50 billion in luxury goods are stashed in shoppers’ closets.

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    Data:

    44%: Amazon’s share of sporting goods, hobby and book sales made online.

    791: Total number of Dick’s Sporting Goods retail stores across the U.S.

    $24B: Estimated value of the global luxury resale market.

    25%: Projected share of luxury purchases made online by 2025.

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    156%: Boost in beauty and personal care reservations from May 2020 to May 2021.