The RealReal Moves Towards IPO

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The RealReal is pushing forward with IPOThe RealReal which is the largest luxury resale company around is quietly taking the first step in quietly ...

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Goodwill Announces Partnership With Entrupy For Luxury Handbag Authentications

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https://closetfullofcash.com/wp-content/uploads/Goodwill-and-ENtrupy-announce-partnership.jpgGoodwill announces partnership with AI authentication company Entrupy.From Retail Dive:Dive Brief:Shopgoodwill.com, the e-commerce site used by several Goodwill organizations to sell items online nationwide, ...

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LePrix Closes Another Round Of Funding

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LePrix, formerly Snobswap, is on the road to closing another round of funding of $2million with a debt financing round closed this month of $771K ...

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True Facet Closing Another Round of Funding

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True Facet, the marketplace for luxury watches and jewelry is raising another $10million in funding according to TechCrunch. If you haven't checked them out, I ...

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InstantLuxe and Private Griffe To Close

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With the announcement of the closure of InstantLuxe and Private Griffe, 2018 has shaped up to be quite brutal for some of the largest players ...

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Designer Vault Closes, Files Chapter 7

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Designer Vault, the purveyors of vintage Chanel announced today that they have ceased operations and have filed Chapter 7 bankruptcy. Their website is shut down, ...

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Never Lose An Instagram Sale Again

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https://closetfullofcash.com/wp-content/uploads/Posh-Pawn-Facebook-Page-800x642.pngSelling off of Instagram has never been easier with ShopifyConnect your Shopify website to Facebook and add products to the shop page which will pull ...

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Chanel Sues The RealReal

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Reposted from the Fashionlaw.com:THE FASHION LAW EXCLUSIVE — Chanel is not a fan of luxury resale sites. Several months after filing suit against What Goes ...

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LePrix Launches Wholesale Auction for the Designer Resale Industry

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Below is the press release that LePrix put out today offering the stores on their platform to shop “wholesale” for luxury goods and while this ...

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Judge Rules in Chanel vs. What Goes Around Comes Around Case

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Chanel vs What Goes Around Comes Around trademark lawsuit hands a small, early victory to the luxury brand Originally posted on Fashionlaw.comChanel does not want others ...

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Instagram Influencers Promoting Counterfeits

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Dupe. This is a word I have hear of many times of before, but this past weekend, took on a whole new meaning and it's ...

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The RealReal Diamond Lawsuit Ends….Quietly

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Remember when The RealReal was sued for the carat weight of a diamond cocktail ring someone purchased on their website? Well the lawsuit has been ...

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StockX Is Discounting Seller Fees and Why You Should Care

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StockX, the stock market of things like sneakers, handbags and shoes is discounting their sellers fees for a limited time and now is the time ...

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The Grey Market

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LONDON, United Kingdom — Fashion’s favourite poster boy of disruption Guram Gvasalia skewered the industry last year for its practice of quietly selling product on ...

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StockX Raises Another Round Of Funding

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Mo Money....Mo Money....Mo Money!From Fashiontista.com via StockXOn Wednesday, StockX — Detroit-based startup and "stock market of things" — announced that it has raised $44 million ...

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The State Of The Luxury Resale Industry According To The RealReal

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The RealReal Releases Mid-Year 2018 'State of Luxury Resale' Report and Gucci Unseats Chanel and Louis Vuitton in Search Volume for First TimeFrom The RealReal ...

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Tradesy’s New Rating For Business Sellers

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Tradesy is now requiring business sellers to keep a level of standard in their listings  As you can see below from the email they are ...

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Is Closet Concierge Making A Comeback?

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Remember when Tradesy purchased Fitz, the company that pairs customers with personal stylists, well, that acquisition is making way more sense now and if played ...

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