Chanel Sues The RealReal

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 Around Comes Around, the Paris-based design house has named The RealReal in a trademark infringement and counterfeiting lawsuit, accusing the popular resale site of “selling counterfeit CHANEL handbags,” [...]

Chanel Sues The RealReal2018-11-19T19:47:15+00:00

LePrix Launches Wholesale Auction for the Designer Resale Industry

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 is great news for the stores on their platform, the process is kind of hard to get through but it works like this. Aucnet is an auction company based [...]

LePrix Launches Wholesale Auction for the Designer Resale Industry2018-11-19T19:38:37+00:00

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

Chanel vs What Goes Around Comes Around trademark lawsuit hands a small, early victory to the luxury brand Originally posted on Fashionlaw.com Chanel does not want others using its name and in a strongly-worded lawsuit filed this spring, the Paris-based luxury brand reminded What Goes Around Comes Around (“WGACA”) of that fact. The Karl [...]

Judge Rules in Chanel vs. What Goes Around Comes Around Case2018-11-19T19:32:28+00:00

The RealReal Diamond Lawsuit Ends….Quietly

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 settled, quietly with no public outcome of payment that was clearly made. The e-retailer, The RealReal, that bases its reputation on avoiding the pricey fakes that flood the global [...]

The RealReal Diamond Lawsuit Ends….Quietly2018-11-19T19:28:03+00:00

StockX Is Discounting Seller Fees and Why You Should Care

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 to jump. Normally, fees are 14.5% with a 2.9% pop to get your money out but the way this platform works, it can make you a few hundred or even [...]

StockX Is Discounting Seller Fees and Why You Should Care2018-09-20T09:43:32+00:00

The Grey Market

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 the grey market to boost sales, dubbing it the sector’s “dirty secret.” The Vetements co-founder told the Financial Times that luxury brands routinely inflated sales figures by allowing product to [...]

The Grey Market2018-09-18T10:26:38+00:00

The State Of The Luxury Resale Industry According To The RealReal

The RealReal Releases Mid-Year 2018 'State of Luxury Resale' Report and Gucci Unseats Chanel and Louis Vuitton in Search Volume for First Time From The RealReal press release on PR Newswire SAN FRANCISCO, Aug. 21, 2018 /PRNewswire/ -- The RealReal, the leading luxury consignment company, today released its mid-year luxury resale report with exclusive data charting [...]

The State Of The Luxury Resale Industry According To The RealReal2018-09-16T20:48:15+00:00

Is Closet Concierge Making A Comeback?

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 correctly, could finally give them a leg up in the resale industry. Think about it, everyone is having sales, everyone carries the same exact Chanel bag but what makes all [...]

Is Closet Concierge Making A Comeback?2018-08-18T23:51:39+00:00

What Goes Around Comes Around Teams Up With Christie’s Auction House

One of my favorite stores in New York and online, What Goes Around Comes Around is partnering with Christie's Auction House this September for a sale to remember! From Indyeastend.com There’s no one in the game of vintage fashion quite like Gerard Maione and Seth Weisser. Since 1993, the unmistakable duo has been a regular [...]

What Goes Around Comes Around Teams Up With Christie’s Auction House2018-08-13T19:51:48+00:00

ThredUp’s Open Letter To Burberry

In an open letter to Burberry spurred on by the fashion houses admission to burning up to $38Million dollars worth of products, ThredUp sent an open letter inviting them to send their goods to the resale marketplace with 100% of the proceeds going to an environmental charity of their choosing. As per usual, everyone jumps [...]

ThredUp’s Open Letter To Burberry2018-07-27T17:02:11+00:00

How AI Is Being Used to Combat Luxury Fakes

Originally posted on Racked.com and written by Molly Kendrick Entrupy and Goat are using AI to find counterfeit handbags and sneakers. Luxury handbags may exude the confidence of wealth, but take them with a grain of fancy salt — the counterfeit business is booming. Around 2.5 percent of global imports to the US are counterfeit [...]

How AI Is Being Used to Combat Luxury Fakes2018-07-17T21:47:30+00:00

Another Day, Another Chanel Lawsuit

Another week, another Chanel lawsuit but this one is pretty massive weighing in at a whipping $56M against an eBay seller for selling counterfeit or not meant for public Chanel makeup. There is a document that Chanel provides eBay sellers that I find to very interesting so I have uploaded that at the bottom [...]

Another Day, Another Chanel Lawsuit2018-12-02T12:12:46+00:00

Own The Couture Acquires Love That Bag

Own The Couture, the luxury resale company based in Montreal, has acquired Love That Bag. In an email sent to their subscribers today announcing the acquisition, Own The Couture now places itself as one of the larger luxury resale companies in Canada. Good morning, I’m reaching out to you as, I wanted to share some [...]

Own The Couture Acquires Love That Bag2018-06-28T08:18:47+00:00