Talking about used clothing with Luke Fracher—founder of Luke’s, a secondhand store with locations in New York City and Los Angeles—is a little like talking to Howard Ratner in Uncut Gems about rare diamonds. The 37-year-old Virginia native exudes an authentic and subtly obsessive fervor for all things secondhand. It’s the sort of passionate, frenetic energy that led him to co-open his first location of Round Two, a sneaker resale shop, in 2013, and, eventually, his own store in 2022. (Fracher’s innate hustle is perhaps underscored by his previous youthful gig as a pot dealer.) Luke’s is now the go-to for in-the-know pieces from Prada and Polo, remnants from Demna’s Balenciaga, and Chrome Hearts tchotchkes—plus an entirely irreverent social media presence to go along with it. When it comes to shopping, Fracher relishes placing risky bids on Poshmark, such as one for what could be a legitimate Murakami x Louis Vuitton bag—or a Canal street dupe. He’s prone to wearing the same clothes for four days straight, then tossing them back into the resell ecosystem. …