As the global market for secondhand luxury items surges, authentication has become the defining factor separating credible platforms from the rest.

The resale market for fashion and luxury items is expanding at an annual rate of 10%, three times faster than the firsthand market, according to a report released Oct. 9 by Boston Consulting Group and luxury resale platform Vestiaire Collective.

The report projects the global resale market could reach up to $360 billion by 2030, from about $210 billion today.

With more shoppers buying pre-owned designer brands, trust has become paramount. "As counterfeit manufacturing becomes increasingly sophisticated, even luxury brands themselves sometimes fail to detect fakes, in some cases, unknowingly repairing counterfeit items," said Jaewha Choi, CEO

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