Showing posts with label consumer. Show all posts
Showing posts with label consumer. Show all posts

Monday, September 14, 2020

Second hand: Is there a paradigm shift in Lebanese shopping?

Artwork by Tarek Chemaly
Are the Lebanese finally changing their consumption habits? Signs are exposing cracks in that picture perfect way the Lebanese liked to portray themselves. A middle class that just spent four days in Turkey, got clothes there on the cheap, and eats at McDonald's while eyeing the new Zara collection as they drive in a Nissan they pay on monthly installments.

For several years, I used to dress exclusively from Souk El Ahad, or the low-income Sunday market (which actually was held on Saturday and Sunday hence the misnomer) - and where I would get second hand clothes. I usually went with a French friend, his girlfriend and his brother. It was really wonderful to get things at such discounted prices. Sometimes we would strike gold, like that Dries Van Noten shirt, and other times it was the thrill of discovery. When I moved from Beirut in September 2010, almost all the clothes in question were donated.

But to many, the idea of buying second hand was a total taboo. Which is why my praise for Depot Vente is still enormous, as Nawal showed everyone that second hand meant rarities, one of a kind, and things that fast fashion stores could not compete with (read here). Whereas not second hand, if you aim for deadstock material (which is not new either), you might want to check Vntg Smtng for their pristine stock of sporty goods (their Iril polos are to die for). But now, with Zara increasing its prices to match the black market price of the Dollar, with many such stores changing prices almost daily (read here), and others quitting the game entirely (Adidas is exiting the market at the end of the year), something has shifted deeply in the remnants of the Lebanese middle class.

The explosion of August 4 only made things worse in the sense that suddenly everyone, from all socio-economic classes were affected (read here). Garage Souk which dubs itself a community financial empowerment tool to buy/sell/earn/learn/swap/thrift has been gaining momentum. It is supposed to empower women and students and get them extra income. But not only this, thrift stores (more like pĂȘle-mĂȘle vide greniers) have been mushrooming all over Instagram with mostly girls and women selling barely worn items from their closets - mostly fast fashion clothing and accessories - at discounted prices. But even higher end online stores exist - some with physical footprints not just virtual accounts (Preporter Luxury, Chic Beirut, or Garage Luxe).

The idea of second hand, with current prices soaring and imports estimated to have declined 90%, previously owned items (barely worn, back when people would buy, show off, and discard) suddenly seem a viable option. Am not saying people will go to Souk El Ahad yet, but many taboos seem to have fallen.

Saturday, May 30, 2020

Consumers are irrational: I went shopping

Remember the other day how I ranted about people queuing at Zara and the Lebanese being a populace that "btedayyan ta tetzayyan"? Well, call me hypocrite - I went shopping (OK, I did not borrow money, but still). Well, the original purpose of the trip was to deliver things to my sister in law. I told our house help who fears Coronavirus irrationally and who has been fantasizing about buying clothes for a long time that she could accompany me to save her taxi money anyway.
Now, truth be told, I did need a pair of pants. The other day I went to town and came back with red patches on my thighs following me wearing my skinny jeans in the scorching heat. And with me losing so much weight due to diabetes finding pants my size are more a miss than a hit. Well, it turned out Calvin Klein produced too many children pants, and an outlet store was selling them a less than 2 Dollars.
Oh and rest assured our house help bought several items too, got all dressed up at home and I took photos of her in the new attire and the result was sent to her friends and family.
So where is the irrational part? The irrational part is the quarter zip jacket from the Puma x Han Kjobenhavn collaboration (my size no less!), deeply discounted, and sitting there waiting for me (or for any other irrational sucker)! Now, did I "need" such a piece in my wardrobe? It all depends what "need" means, because I certainly was not leaving that piece for any other person (not at that price, and not with my size being available).
Long story short, I am eyeing another pair of pants. But the rational me - which took over again - is saying "wait until you straighten your financial affairs with the bank in two weeks".
I - even with hearing aids on - ended up listening to the rational me.
Now, the question that begs itself: Do I "need" those deeply discounted Church's shoes?
I told you, consumers are irrational.