Kaya 959 Kaya Biz

How to re-sell your luxury goods

Loading player...
According to Luxity’s, South Africa’s largest source of pre-owned luxury goods, Africa and the Luxury 2018 Report, the retailer on average expects to get 69% of the retail value back on a Louis Vuitton Bag when selling it to the South African market. Having captured sales data since the company was established,Michael Zahariev, financial director of Luxity is now able to gauge the average resale price on most luxury brands sold locally.
12 Oct 2018 6AM English South Africa Business News · Investing

Other recent episodes

How Fuel Prices Shape SA’s Economy

Independent economist John Loos breaks down the ripple effects of fuel price hikes on households, inflation, retail, property, and the Reserve Bank’s policy path.
6 May 5PM 15 min

National Fuel Update with FIASA

FIASA CEO Avhapfani Tshifularo explains why South Africa’s fuel supply is “stable but tight,” what’s driving diesel strain, and how tanker shortages and above‑normal demand are affecting motorists and businesses ahead of the latest price hike.
6 May 5PM 15 min

Fuel Retailers Under Strain — SAPRA on Margins

SAPRA’s Lebo Ramolahloane unpacks the tough realities facing service station owners—from razor‑thin margins and load‑shedding costs to rising crime and calls for margin reform.
6 May 5PM 13 min

SA Vehicle Sales Hit Best April Since 2013

South Africa’s new vehicle market surged 13% year-on-year in April, even as exports slipped and fuel-driven cost pressures rose. Naamsa Chief Economist Dr. Paulina Mamogobo unpacks the data.
5 May 4PM 20 min
All episodes