Who is buying and selling preloved luxury brands in Pakistan?
High-end fashion may be very coveted but it has also always been very expensive, reserved for a niche affluent clientele.
But with the world economy in a crunch, budgets are running low even among the uber rich. It isn’t quite as easy to purchase luxury designer products every season, hot off the catwalk.
At the same time, social media has ensured that an ever-increasing audience is now aware of designer wear. There is a heightened demand for it — the wedding-bound entourage aspires to wear clothes by certain designers, the fashion week crowd has its own favourites. However, designer wear is expensive, far too expensive for a world burdened by a persistent economic crunch.
It’s a catch-22.
But where there is demand, there is supply — and sprouting all over local Instagram are pages offering ‘preloved’ designer goods at a fraction of their original prices.
Read: Is Pakistan gearing towards slow and sustainable fashion? No, but it needs to
The page’s administrator posts images of designer goods with relevant details that usually include the material used, brand name as well as the all-important assurance that the item is ‘gently used’.
Interested buyers can contact the admin via a private message and (usually) pay via online cash transfers. The page administrator gets a commission for the sale, while the remaining amount goes to the seller of the product.
It’s as simple as that and it’s all done online. This is why the business for preloved goods is a fast-growing and thriving one.
Top labels, low prices.
Preloved designer goods offered by a small selection of popular online businesses are hard to resist.
A seller of preloved products, who prefers to stay anonymous, tells me that of the many sales that she has made, one of the most expensive was a bridal by Bunto Kazmi. “I sold it for Rs850,000, which was a fraction of the original selling price,” she says. “It was very expensive but then again, it was a Bunto Kazmi original.”