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Millions of Italians ready to 'regift' unwanted Christmas presents

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Millions of Italians ready to 'regift' unwanted Christmas presents
Photo: Daniel Go
09:59 CET+01:00
Italians spent over €3 billion on Christmas gifts this year, but many of the recipients are now readying to sell them on as they try to claw back the cash they spent over the period or buy something they actually want.

Some three million Italians said they would sell unwanted gifts online, according to a survey carried out by eBay Italy.

The items range from clothing and accessories to tech gadgets and duplicate gifts. The trend of 'regifting' among Italians rose by 14 percent after Christmas in 2015, with 49 percent saying they received an unwanted present, eBay said.

And it looks set to be just as high this year. Fifty-four percent of those polled said they would sell their unwanted gifts in order to set aside cash for future expenses, while one in three would buy something new for themselves.

Sixteen percent said they would sell their gifts in order to make up for the money they spent over Christmas.  

Italians spent €3.1 billion on Christmas gifts this year, equating to an average €124 per household, according to figures on Tuesday from the consumer group, Federconsumatori. 

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