SEE YOU TOMORROW, at Nordstrom’s new New York flagship, offers discounts on covetable pieces like Balenciaga sneakers and colorful mohair Ganni sweaters—but this is no average sale section. In a novel move for a high-end department store, everything in the shop-in-shop is pre-owned. “More than half of Americans are now involved in some form of re-commerce, whether that’s resale, consignment, or clothing rental services,” says Olivia Kim, vice president of creative projects at Nordstrom, on why the legacy retailer decided to opt for resale. Unlike the traditional linear model of shop, wear, and dispose, the circular fashion economy has a positive environmental impact by keeping luxe goods in play, which, as Kim sees it, is good for the future of the business: “Re-commerce validates buying luxury because it shows that…
