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Vinted boss says cost of living crisis has ‘boosted’ secondhand industry | Money News

Vinted boss says cost of living crisis has ‘boosted’ secondhand industry | Money News

The cost of living crisis has β€œboosted” the secondhand industry, Sky News has been told, as more than Β£2bn is spent on pre-loved gifts this Christmas. Adam Jay, CEO of Vinted Marketplace, said the “trend” in buying pre-loved was “happening anyway” but described rising costs elsewhere as a possible “accelerator”. “I’m sure the cost of…

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