THE BUSINESS OF LUXURY RESALE

Independent reporting and expert insights on the
companies, people and trends shaping the luxury resale industry through news, strategy, conversations
and education since 2015.

Closet Full of Cash Podcast and Blog

INDUSTRY NEWS & INSIGHTS

What’s happening in luxury resale.

News, analysis and perspective on the businesses, trends and issues shaping the industry.

When to start purchasing pre-owned luxury wholesale

Are You Ready To Start Sourcing Pre-Owned Luxury Wholesale?

While it’s tempting when you first launch, sourcing pre-owned luxury wholesale is not always the best move, especially if you’re new to this industry. There are a few choices you can take before you start buying.

Identifying Transformed Exotics

Counterfeit Vintage Chanel Exotic Kelly and Flap Bags= Closet Full of Cash

Counterfeit Vintage Chanel Exotics Are Circulating

Authentication Can Make Or Break Your Resale Business

Carte Blanche Owner Sammie The Stylist Is Still Selling Fake Handbags

This “Celebrity Stylist” Is Still Selling Counterfeit Goods

Why You See The Same Luxury Handbag On Multiple Sites

Why You See The Same Luxury Handbag Everywhere

The Truth About AI Pricing

LATEST FROM THE PODCAST

Conversations with the people shaping luxury resale.

Christine Baba, Founder of Reluxe Vault

LATEST EPISODE

Christine Baba, Founder Reluxe Vault

Christine Baba, founder of Reluxe Vault, joins us to talk about building her luxury resale business, navigating the growing pains of entrepreneurship, getting out of your own way, and protecting the brand you’ve worked hard to build. She also shares what she loves most about the business: the hunt for the perfect pre-owned luxury piece for her clients

Chris Taylor, Founder of Flowlister

He solved his own listing problem! Meet Christ Taylor

Justin Moxie, Founder ConsignR

Building tools designed to help resellers scale? Meet Justin Moxie

So You Want to Start a Luxury Resale Business? Meet Alisha Lomia

Sourcing for clients and providing excellent customer service are just a little of what @reluxevault offers her customers and in this episode of the @closetfullofcash podcast, Christine and I discuss her journey into luxury resale, why she’s so awesome at sourcing and how to deal with other businesses stealing your business name. Available wherever you 🎧 to podcasts!
What happens when a reseller gets frustrated with the tools available to run his business? He builds his own.On this episode of Closet Full of Cash, I sit down with Chris Taylor, founder of @flowlister, to talk about how his experience as a reseller led him to create an AI-powered listing tool that can take just a few photos and build out your eBay listing using data from previously sold items.We talk about how Flowlister came to life, the recent expansion to Poshmark, and where Chris sees the platform going next.If listing inventory is the part of reselling you dread, you’ll want to hear this one.🎙️ Listen now on Closet Full of Cash.
In today's post, we examine some telltale signs of a bag transformed into a vintage crocodile maxi, compared against the original Chanel bag. View the details:🔗 bit.ly/maxitransformation
🚨 COLLECTOR ALERT: We’re seeing a rise in deceptively altered, “Frankensteined” 1980s–90s Chanel: collectible bags and costume jewelry built around authentic stamps, markers, or components, but finished with fabricated exteriors, altered construction, or entirely replaced stones.This is not new, but it appears increasingly concentrated in premium “one-of-one” pieces priced from $10,000 to $200,000, where the potential return justifies sourcing authentic parts, and there are little to no comps to compare against for the average consumer.For bags, watch for:- Exotics, fabrics, or construction that are not period-correct (e.g., crocodile porosus instead of alligator on vintage classic flap and kelly styles, or incorrect material on certain parts of the bag)- Partial or altered serial stickers that block verification against Chanel’s ORLI database (because the intact number would trace to a different model or material entirely). We recommend the following authentication services for more difficult pieces:@leathersurgeons: Gerry Gallagher, the GOAT, who worked with Karl Lagerfeld for decades@zeko_authentication: Deep Chanel expertise, photo authentication, and strong awareness of current counterfeit tacticsDon’t settle for a generic authentication certificate.Buyers should feel confident buying secondhand, particularly with today’s excellent authentication resources. But given the recent prevalence of these pieces, we felt this warning was necessary.Today, a collective of die-hard Chanel enthusiasts posted this PSA to alert buyers that things always aren’t what they seem. 🔗 in bio to the article#chanel #chanelvintage #chanelcounterfeit”
Available now! Three new episodes featuring four incredible women making strong moves in luxury resale:Jackie and Mailys @trendfulinc Erica @barbeedreamhouseresale Angie @narts_resaleFind The Closet Full of Cash Podcast on your favorite streaming platform.
The latest episode of the Closet Full of Cash podcast series, Anatomy of a Scam - Part 4 is out now wherever you listen!
Excited to be speaking on the luxury resale industry at this year’s @narts_resale conference in Tucson, Arizona! Looking forward to connecting, sharing insights, and talking about where this industry is headed. If you’ll be there, let’s connect.
New podcast episodes dropped today! Thank you @lux_jardin for being our first guest and as always, @curated_by_kira for joining along for the ride!! So much more to come….
New episode out now. Streaming now on all major podcast platforms but the first link in my bio is the fastest way to start listening! @curated_by_kira
Just in case….make sure you’re subscribed!
AI may be the buzzword of the year, and plenty of new companies are jumping on the trend, claiming to use it to scrape the internet and surface the “best deals” on the luxury bag you’ve been eyeing. The catch? What they’re really showing you isn’t a comprehensive dataset at all, it’s affiliate marketing dressed up as insight.For my full thoughts, and to learn which platforms actually provide real resale pricing you can trust, head over to Closet FullofCash.com
Join me and @heywhatsnhu Wednesday live to learn the biggest red flags for the top luxury brands. 🔗in bio to register
Lululemon has been furiously filing lawsuits against counterfeit sellers of their active wear so this is what I find interesting. They have recently (December 2024) filed for the trademark for Lululemon Dupe. Did they get the idea from the accusations agains Nigo?  Read more on the closet Full of Cash website