Closet Full Of Cash2022-12-10T21:43:11-08:00

Fashionphile Acquires 2 Authenticators

By |February 5th, 2024|In The News|

According to industry sources, Fashionphile has acquired 2 Authenticators to propel their newly launched wholesale business. After purchasing the assets of the now defunct LRX, Fashionphile has acquired 2 Authenticators to drive their newly entered wholesale business according to inside sources. Fred Mannela, the Founder of 2a is the same person who originally launched [...]

LXRCO Files to either Sell the Company or File Bankruptcy – All Directors Resign

By |October 7th, 2023|In The News|

LXRco the luxury resale company from Canada files to sell or file bankruptcy, all directors resign. Launched in Montreal, Canada in 2012 by founded by Frederick Mannella, and  Kei Izawa, LXR, a luxury resale company has filed to either sell the company and their assets or file bankruptcy per their press release dated [...]

The Most Articulate Description Of The RealReal’s Future

By |September 7th, 2023|In The News|

Richard Kestenbaum, a contributing writer for Forbes.com recently published his views on the future of The Real Real and in a roundabout way, the industry as a whole and it's honestly, spot on. Richard, who is no stranger to The RealReal, documented his experience and the issues with the authentication process on The RealReal [...]

What’s the difference between QR and Data Matrix codes for Luxury Handbags

By |December 7th, 2022|Authentication|

Understanding the difference between Data Matrix and QR codes in luxury handbags Gucci bags DO NOT have QR codes in them. Period. I have seen this referenced on so many websites and here is where I am going to explain to you the differences between a Data Matrix code and [...]

Vestiaire Acquires Tradesy

By |March 15th, 2022|In The News|

Vestiare Collective announces the acquistion of Tradesy PARIS and LOS ANGELES, March 15, 2022 /PRNewswire/ -- Vestiaire Collective SA ("Vestiaire Collective), the leading global online marketplace for desirable pre-loved fashion today announces the acquisition of Tradesy, Inc. ("Tradesy"), the US pioneer in the fashion resale industry. Financial terms of the deal were not disclosed. [...]

Louis Vuitton Date Codes Are Gone

By |March 25th, 2021|In The News|

Did you recently purchase a new Louis Vuitton at the brands boutique and notice something missing? Perhaps the Date Code? Don't fret, there's an explanation for this sudden (not really) change. In 2019, Louis Vuitton started experimenting with placing chips in their handbags and leather goods and "unofficially" have moved to using this model [...]

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