Affluent South Africans are
defying economic headwinds by indulging in the world of second-hand luxury,
with an increased focus on high-end bags and accessories.
Despite the financial difficulties faced by many, the pre-owned luxury market thrived in 2023, with a notable increase in what the market calls "revenge spending" following the Covid-19 pandemic.
Luxury brands South Africans have been gravitating towards include Hermès, Chanel, Rolex, and more.