The World Wide Web has given way new online culture of fashion addicts who love the finer things in life but don’t necessarily want to pay full price for them. This new demand for luxury goods at discounted prices is playing a huge role in the diminishing returns traditional retailers are seeing. Department stores like Barneys and Bergdorf Goodman can hardly compete with companies like Gilt.com and BillionDollarBabes.com. Luxury resale is growing market as well. A swift fashionista can pick up a gently worn item over …
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