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Closet Full Of Cash
In The News

Why BOR can be a better option than consignment

by Closet Full Of Cash Monday, April 15, 2019

This past weekend I had a tiny fit while trying to find something in my closets. Yes, I have two very large closets and they're ...

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In The News

Another woman arrested for returning fake handbags

by Closet Full Of Cash Friday, April 12, 2019

I literally cannot believe another woman has been arrested for the same scam of purchasing luxury bags as places like TJMaxx and returning counterfeits. Clearly ...

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In The News

Vestiaire Collective Lowers Commission Structure

by Closet Full Of Cash Wednesday, April 10, 2019

Vestiaire Collective, the luxury resale marketplace has announced an update to their commission structure with changes effective April 10, 2019. They have tried really hard ...

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In The News

Is Tradesy the next resale company to fold?

by Closet Full Of Cash Friday, March 29, 2019

UPDATE: I was just forwarded an email that breaks down Tradesy's explanation as to why they are accepting returns due to pricing. I will not ...

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In The News

How To Stop Counterfeiters – Remove their ability to get paid

by Closet Full Of Cash Wednesday, March 20, 2019

Removing the counterfeiters ability to accept payments has the IACC and Mastercard working closely together IOffer has zero listings for Chanel, Supreme or any ...

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Funding

Rebag Raises Another $25M To Open Retail Stores

by Closet Full Of Cash Friday, February 8, 2019

Rebag, an online resale marketplace for luxury handbags, is getting another infusion of capital as it prepares to expand its offline retail operations. The company ...

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In The News

Bluefly Closes

by Closet Full Of Cash Friday, February 1, 2019

RIP, Bluefly. The fashion-focused web pioneer — which began hawking discounted designer duds more than 20 years ago — abruptly closed its doors on Friday, surprising ...

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In The News

Poshmark’s Year In Social Commerce Report

by Closet Full Of Cash Thursday, January 31, 2019

Poshmark recently released their "Year In Social Commerce" report and as the title states, shopping is all about social right now and it's not going ...

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In The News

The RealReal responds to Chanel’s lawsuit and it’s everything you expected and more

by Closet Full Of Cash Wednesday, January 30, 2019

The RealReal has responded to Chanel's lawsuit filed last November claiming that they (TRR) are selling counterfeits and it's everything you thought it would be ...

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In The News

The RealReal Moves Towards IPO

by Closet Full Of Cash Sunday, January 20, 2019

The RealReal is pushing forward with IPO The RealReal which is the largest luxury resale company around is quietly taking the first step in quietly ...

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In The News

Goodwill Announces Partnership With Entrupy For Luxury Handbag Authentications

by Closet Full Of Cash Thursday, January 10, 2019

https://closetfullofcash.com/wp-content/uploads/Goodwill-and-ENtrupy-announce-partnership.jpg Goodwill announces partnership with AI authentication company Entrupy. From Retail Dive: Dive Brief: Shopgoodwill.com, the e-commerce site used by several Goodwill organizations to sell items online nationwide, ...

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Funding

LePrix Closes Another Round Of Funding

by Closet Full Of Cash Monday, December 31, 2018

LePrix, formerly Snobswap, is on the road to closing another round of funding of $2million with a debt financing round closed this month of $771K ...

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Funding

True Facet Closing Another Round of Funding

by Closet Full Of Cash Monday, December 31, 2018

True Facet, the marketplace for luxury watches and jewelry is raising another $10million in funding according to TechCrunch. If you haven't checked them out, I ...

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In The News

InstantLuxe and Private Griffe To Close

by Closet Full Of Cash Friday, December 21, 2018

With the announcement of the closure of InstantLuxe and Private Griffe, 2018 has shaped up to be quite brutal for some of the largest players ...

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In The News

Designer Vault Closes, Files Chapter 7

by Closet Full Of Cash Friday, December 14, 2018

Designer Vault, the purveyors of vintage Chanel announced today that they have ceased operations and have filed Chapter 7 bankruptcy. Their website is shut down, ...

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In The News

Never Lose An Instagram Sale Again

by Closet Full Of Cash Wednesday, December 5, 2018

https://closetfullofcash.com/wp-content/uploads/Posh-Pawn-Facebook-Page-800x642.png Selling off of Instagram has never been easier with Shopify Connect your Shopify website to Facebook and add products to the shop page which will pull ...

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In The News

Chanel Sues The RealReal

by Closet Full Of Cash Thursday, November 15, 2018

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 ...

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In The News

LePrix Launches Wholesale Auction for the Designer Resale Industry

by Closet Full Of Cash Wednesday, November 7, 2018

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 ...

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Older Posts Newer Posts

closetfullofcash

Of course they are……link to the TC article is Of course they are……link to the TC article is you know where! #ebay #liveselling
Buy the book (link in my bio) then let’s discuss Buy the book (link in my bio) then let’s discuss!
$69 vs $1,850. No wonder why people buy reps. #fa $69 vs $1,850. No wonder why people buy reps. 
#fake #trash
🙋‍♀️Raise your hand if you think @rebagof 🙋‍♀️Raise your hand if you think @rebagofficial should by @therealreal  #firesale
✈️ ✈️
I know how to throw a party 🎉 🍾 I’ll be sp I know how to throw a party 🎉 🍾
I’ll be speaking at the @narts_resale conference this weekend on authentication and that night, the second annual Counterfeit Conversations will take place! Thank you to @marquesupply for the donation of the Louis Vuitton Keepal for the raffle and @consignmentmarketing @articleconsignment @racktribe and @marquementor for sponsoring which means their will be vino!!!!if you’re in the #charlottenc area, stop on by and say hi!
Salary of $440,000 plus a year end bonus! Could yo Salary of $440,000 plus a year end bonus! Could you imagine????? 🛳🛍🏡🛩💵
The only logical next move for The RealReal consid The only logical next move for The RealReal considering they have been bleeding money for years. Link in bio to the article. #therealreal #luxury #resale
Sharing my new toy! A $40 microscope I got off Ama Sharing my new toy! A $40 microscope I got off Amazon and the magnification is unreal! I played around with counterfeits and authentics and was blown away at what I could see! Super easy to use, USB and so worth it! Link in my bio!!! #authentication #handbags #microscope #amazon
🫣 🫣
Serial numbers found on counterfeit bags. These ar Serial numbers found on counterfeit bags. These are just a few…..my list is so long and continues to grow everyday.
Here’s a little test for you. Which one do you t Here’s a little test for you. Which one do you think is real, left or right?
Counterfeiting is serious business and long gone a Counterfeiting is serious business and long gone are the days of crappy knockoffs. Reverse engineering on one bag produces thousands and now that “reps” are becoming more mainstream, how are you telling them apart?
Link to the article is in my bio. Read it because Link to the article is in my bio. Read it because this is where we are with handbags and I can understand why people are buying reps. Not excusing it but understand it.
Are we excited? Bored? Wishing they started the “auction” prices lower?
Grateful that I get to do what I love everyday! Ne Grateful that I get to do what I love everyday! Next class is in Charlotte on 6/9 and then Las Vegas 7/10!
Poshmark never fails 🤣 Poshmark never fails 🤣
This first class I’ll be holding in California, This first class I’ll be holding in California, join me!!! Link to register is in my bio! 
#authentication #handbags #luxury #education #orangecounty #louisvuitton #chanel #gucci #prada
Explain to me how anyone can actually say that Gen Explain to me how anyone can actually say that Gen Z cares about sustainability when one of the worst fast fashion companies is worth $100 BILLION dollars? Who’s buying their products? You guessed it…..

When we talk sustainability, we’re not talking luxury. It’s this crap that costs next to nothing to make and is destroying our planet.

Stop using the term “sustainable” when discussing luxury items because I can guarantee that you’ve never seen a Chanel in a landfill.

📸: @bof
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