According to a survey among Chinese luxury shoppers in October 2021, most of China's high luxury spenders (who spent at least 40,000 yuan a year on luxury items) of all ages chose to buy second-hand luxury items for . **** of Gen-Z consumers said they buy vintage or used luxury goods because they appreciate the item's history.
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Oliver Wyman. (November 10, 2021). Leading reasons for buying second-hand or vintage luxury products among high luxury spenders in China as of October 2021, by generation [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1284251/china-reasons-for-buying-second-hand-or-vintage-luxury-goods-by-age/
Oliver Wyman. "Leading reasons for buying second-hand or vintage luxury products among high luxury spenders in China as of October 2021, by generation." Chart. November 10, 2021. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1284251/china-reasons-for-buying-second-hand-or-vintage-luxury-goods-by-age/
Oliver Wyman. (2021). Leading reasons for buying second-hand or vintage luxury products among high luxury spenders in China as of October 2021, by generation. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1284251/china-reasons-for-buying-second-hand-or-vintage-luxury-goods-by-age/
Oliver Wyman. "Leading Reasons for Buying Second-hand or Vintage Luxury Products among High Luxury Spenders in China as of October 2021, by Generation." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 10 Nov 2021, /statistics/1284251/china-reasons-for-buying-second-hand-or-vintage-luxury-goods-by-age/
Oliver Wyman, Leading reasons for buying second-hand or vintage luxury products among high luxury spenders in China as of October 2021, by generation ÌÇÐÄÆÆ½â°æ, /statistics/1284251/china-reasons-for-buying-second-hand-or-vintage-luxury-goods-by-age/ (last visited August 01, 2026)
Leading reasons for buying second-hand or vintage luxury products among high luxury spenders in China as of October 2021, by generation [Graph], Oliver Wyman, November 10, 2021. [Online]. Available: /statistics/1284251/china-reasons-for-buying-second-hand-or-vintage-luxury-goods-by-age/