Today, the second-hand sector is estimated at between 25 and 34 billion euros, or 2% of the total weight of fashion and luxury. As I said, with Balzac Paris, we really wanted to be actors of this change. We are therefore very proud to have launched our second-hand platform almost a year ago. It allows our customers to return Balzac Pari s pieces that they no longer wear and to recover valid purchase vouchers on our e-shop in exchange. Furthermore, it also makes it possible to offer a different offer to customers who do not necessarily buy Balzac Paris but are interested in the second-hand sector for all that this entails: eco-responsible approach or low prices for example.
We have also opened a Second Life corner , on the same principle as the digital platform, within our Parisian address, 82 rue d'Hauteville in the 10th arrondissement of Paris.
On the other hand, we set up Second Life Mondays at the Address showroom located at 2 cité d'Hauteville, in the 10th arrondissement of Paris. They will take place on Monday October 24, Monday October 31 and Monday November 7 from 12 p.m. to 8 p.m. and you will be able to find hundreds of second-hand pieces there with new arrivals every Monday.