Inside the booming secondhand luxury market
Summary
This Marketplace episode covers the escalating U.S.-Canada trade war, highlighting new bans on Canadian alcohol and other imports, alongside the booming secondhand fashion market. Host Kimberly Adams discusses how tariffs are influencing consumer behavior, while guest Karina Cohen explains the shift toward resale for affordability and sustainability. The segment notes that vintage items are gaining value as buyers seek quality and future resale potential, outpacing traditional apparel growth.
Topics discussed
Sponsor: Odoo all-in-one business software
Sponsor: Superhuman Go AI assistant
News: Escalating US-Canada trade war
Report: Ban on Canadian alcohol and goods
Sponsor: University of Illinois iMBA program
Sponsor: Capital One Commercial Bank
News: Growth of the resale fashion market
Interview: Shift in consumer attitudes and value
Interview: Resale items as financial investments
Interview: Consumer response to economic conditions
Interview: Impact of tariffs on secondhand goods
Interview: Younger generations and fast fashion
Interview: Appeal of affordability and quality
Outro: Marketplace Morning Report and podcast promo
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