Rue LaLa buys GiltGroup

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Rue LaLA has shared their intentions into purchasing Gilt and the Gilt Group in an email sent to their customers today. Why does this matter to you? Well for a couple of reasons. Rue LaLa is one of the larger ...

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Tradesy Founder Sued by Estranged Husband Over Income-Sharing

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Ouch. Without knowing the particulars of their relationship, the part that strikes me is that they could not work out a settlement before this went public. This will make an impact on the Tradesy business and she will have to ...

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Pro Sellers On Tradesy – Good Luck

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Tradesy sent out an email this morning asking all their Pro Sellers to increase their items for sale by 20%. Congratulations, you now have a job and Tradesy is your boss. As a single seller on their platform, you will now ...

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How to sell clothing on Poshmark like a Boss

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Poshmark is a great way to make a little extra money or turn into a full time job. It's all about how much time and effort you want to put into it bit for Kali Borovic, she's covering all her ...

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The Best Ways to Sell Streetwear and Luxury Items

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Streetwear is literally dominating the resale market right now and the amount of money in this industry is crazy! While the luxury brands are jumping into the fray (Louis Vuitton x Supreme), there are several other brands that command an ...

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How To Insure Your Couture Collection

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Insurance. What a sexy topic but if you own a collection of luxury items,  you seriously need to make sure all of your assets are covered. What would happen if you were robbed, fire, flooding, moths or an errant dry ...

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The SCARY Truth About Counterfeit Luxury Goods via Yoogi’s Closet

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Most people today are COMPLETELY unaware of the serious issues behind the enterprise of counterfeit goods. One of the biggest issues facing consumers in the luxury resale market is the sheer volume of bogus designer goods like Louis Vuitton handbags ...

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TrueFacet.com Raising Seller Fees

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TrueFacet, the online luxury marketplace for watches and jewelry just announced that it will be raising it's fees as of May 1st from 15% to 18%. Below is the email sent to sellers on their platform. "Dear TrueFacet Seller, Thank you for ...

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Make Well, Buy Well, Resell – The RealReal and Stella McCartney pushing for change

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This is one of the best initiatives I have heard in a really long time and if The RealReal and Stella McCartney can actually make a change with the luxury brands, this could change the resale industry as we know ...

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Is The RealReal Moving Towards IPO?

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I called this last year, The RealReal heading towards IPO and it looks to be that they are starting to head in that direction. This is good news ot every resale business out there as it just solidifies the massive ...

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Tradesy Aquires Fitz and Launches Closet Concierge

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Tradesy has just announce they have acquired Fitz, a service that delivers luxury wardrobe management by professional stylists, including organizing, styling, and resale consignment services. LOS ANGELES, April 2, 2018 /PRNewswire/ -- Tradesy, the world's largest peer-to-peer marketplace for women's designer fashion, ...

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Ebay Discontinues Valet Program

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Ebay has announced that they will be shuttering their Valet program. Not a huge shock as those numbers seem to have been waning in the last couple of years as more and more people started selling items themselves. eBay discontinued its ...

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ThredUp Hopes To Eventually Open 100 Retail Locations

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Retail is not dying and along with Luxury Garage Sale and The RealReal, more and more luxury resale companies are making the move to retail locations within the US. While ThredUp has quite a lofty goal overall, I am willing ...

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The RealReal Hires C-Level Executives

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The RealReal continues to make bold moves to expand online and in retail. With the hiring of Jun-Sheng Li as Chief Operating Officer and Len Eschweiler as Chief Revenue Officer, my guess is they are not only heading to expand ...

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A Message From The Founders of What Goes Around Comes Around

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I knew it would happen sooner than later and here you can read the message from the founders of What Goes Around Comes Around in regards to their lawsuit from Chanel A Statement From The Founders Of What Goes Around Comes ...

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Consignment For Wedding Dresses Launches With Our Story Bridal

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Wedding dresses. They cost a fortune, you only wear them one day then relegate them to a box to sit for years and years. Tradesy initially started out as a platform to resell wedding dresses but Our Bridal Story is ...

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Union and Fifth to Close

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I have to honest when saying I am really bummed to hear that Union & Fifth is closing. Not only are they run by the greatest group of women, but the fact that 75% of every sale goes to charity ...

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What Goes Around Comes Around Sued By Chanel

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Ouch. What Goes Around Comes Around has found themselves in the cross hairs of Chanel for allegedly selling counterfeit Chanel handbags and products. If the name is familiar, you have probably seen them in your local Off 5th Saks stores ...

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