# Professor Tom Meyvis shares thoughts on the increased popularity of purchasing items secondhand

1 Faculty News November 27, 2019 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](https://www.cnbc.com/2019/11/27/as-the-secondhand-market-booms-used-clothing-is-an-acceptable-gift.html) -- "Even if they are giving them as gifts, buying secondhand allows people to get their hands on items they would otherwise feel guilty purchasing, such as designer clothes or something that isn’t necessarily useful to them, said [Tom Meyvis](https://www.stern.nyu.edu/faculty/bio/tom-meyvis), a professor of marketing at New York University’s Stern School of Business."

[Read More](https://www.cnbc.com/2019/11/27/as-the-secondhand-market-booms-used-clothing-is-an-acceptable-gift.html)
