Since I re-acquired Closet Full Of Cash, I have been trying to figure out the best, quickest way to get the latest in luxury resale news out and I have owned the name, The Resale Report for a few years so I have decided to incorporate it here. There is so much happening in [...]
It's been seven years since the launch of Closet Full of Cash. I created this at a time when resale was nowhere near as huge as it is today, to have a place where I could share industry news, promote small business' and educate people on everything from starting a business to authentication. Times [...]
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. [...]
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 [...]
I am excited to announce that Closet Full of Cash has been acquired by Marque Luxury, the largest wholesale company of authentic luxury goods in the USA. With the acquisition, I am now able to utilize my knowledge of the luxury resale industry and the content I have collected and created to focus on [...]
On July 22, 2020, I published my third book, “A Beginner’s Guide to Louis Vuitton” on Amazon. I was so excited to share the information I had spent years collecting in this cutting edge reference guide, especially to the small businesses that I work with. To say I was amazed at how well the [...]
UPDATE December 2022 - I have just published a new, bigger book! Louis Vuitton: A Pre-Owned Authentication Reference Book which you can purchase on Amazon. 350+ pages with hundreds of images, visually reference date codes and heat stamps for most all manufacturing countries, vintage and newer heat stamps, a brief history along with comparison [...]
For the last few years I have been afforded amazing opportunities to speak at several national conferences about the luxury resale industry, how to get into and be successful and authentication. For each of these engagements, I spent months researching and putting together vast, educational presentations always thinking, this would be a great book. [...]
The data is the only thing I can see of value and honestly, there are other companies like @trendfulinc and @rebagofficial who are already doing it and better.
While the insurance sounds like a good idea, not sure I would pay for it. Thoughts?
Profitable in 2024? We’ll see…..
🔗 in bio to the article.
@vestiaireco and @gucci have partnered which will be the first of many brands testing the resale market with these larger platforms! 🔗
Here in the US, our laws are way too lax and sellers are free to push counterfeits on social platforms. Enacting a law where marketplaces have to turn over the sellers information is a step in the right direction. 🔗 to the Pulse News
“The proposed amendment of the law requires an online platform to stop the sale of an item when the item is found to be a counterfeit. If the platform is negligent of such a duty, it could constitute an infringement of a trademark. If the platform refuses a trademark owner’s request to provide details about the seller of counterfeits, the Industrial Property Dispute Resolution Committee intervenes and, after a review, orders that the requested information be provided.
“Currently, a trademark owner cannot really do anything by law if an online platform does not provide personal details of a seller who sells counterfeits for privacy reasons,” one unnamed fashion industry insider said. “The proposed amendment may not directly hold online marketplaces legally accountable for counterfeits, but at least the trademark owner can quickly respond to the manufacturers and the sellers of the relevant counterfeits.”
“On 7 January 2015, at about 11:30 a.m. CET local time, two French Muslim terrorists and brothers, Saïd and Chérif Kouachi, forced their way into the offices of the French satirical weekly newspaper Charlie Hebdo in Paris. Armed with rifles and other weapons, they murdered 12 people and injured 11 others.”
Here is your direct link between counterfeits and murder.
#rep #dupe #bougieonabudget #fakes
When all three founders leave their own company, something is amiss.
🔗in bio to read the article on Vogue.com
While no one can predict the future, it’s not a good sign when a company as big as Nordstroms is closes this many locations or a whole country. 🔗in bio to article
It’s called reverse engineering and to all the companies that clickbait authentication tips but leave out any useful information because you don’t want to help the “counterfeiters”, that’s lame.
Don’t worry though, I’ve got you and if you want to learn how to authenticate, I’ll be sharing everything I know very soon and I’m not selling anything! #authentication #luxury #bags #resale #education #consignment @theofficialaia
That “authentication” fee was one of the dumbest decisions TRR has made but thanks to people like @shannon_truax its gone.
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