📌 Imagine walking into a Tokyo resale shop where a pristine Louis Vuitton bag sells for half its new price, drawing crowds from Georgia to Russia, all lured by Japan’s legendary quality preservation and a weakening yen.
📌 This isn’t a flash sale. It is the secondhand revolution exploding globally, with the used products market surging past $500 billion in 2024 and poised to triple by 2032, outpacing new goods in categories from fashion to electronics.
📌 What was once thrift is now strategy.
📌 Gen Z flips closets for profit, brands launch resale arms, and sustainability mandates turn “used” into the ultimate value play.
📌 This presentation decodes why Japan dominates with cultural ethics that make pre-owned better than new elsewhere, how India and GCC are digitizing bazaars into billion-dollar hubs, and the governance pitfalls that could derail this circular goldmine.
📌 From quality risks to regulatory patchwork, discover the playbook for leaders to harness recommerce, not just ride it.
📌 While embedding trust, ethics, and board-level stewardship that scales second lives into enduring value.
📌 The future of re-consumption has already begun.
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Second Life, New Value – Rewiring Global Consumption
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Niranjan Gidwani
Niranjan Gidwani is a Certified Independent Director (MCA-INDIA), board advisor, and former CEO of Eros Group Dubai, with expertise in governance, ESG, and digital transformation. A member of the UAE Superbrands Council and GCC Board Directors Institute, he is a thought leader in business excellence and sustainability.
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