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

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

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

TrueFacet.com Raising Seller Fees

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 being a valued member of the TrueFacet community.  We look forward to continuing [...]

TrueFacet.com Raising Seller Fees2018-06-07T10:22:30+00:00

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

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 it. My honest thoughts are at the bottom! The past few weeks have been a [...]

Make Well, Buy Well, Resell – The RealReal and Stella McCartney pushing for change2018-04-26T08:17:47+00:00

How One Luxury Watch Company Is Leading The Charge Into Resale

With the recent anouncment of the luxury watch brand, Audemars Piguet jumping into the resale space to have more control over their brand, it's only a matter of time when other luxury brands start creating a footprint into this arena. Look at it this way, say Chanel launches their own resale stores, why would you [...]

How One Luxury Watch Company Is Leading The Charge Into Resale2018-01-19T13:17:36+00:00

ThredUp To Open Retail Locations

It was announced today that ThredUp will be opening brick and mortar stores across the US. This could be a huge win for consumers as their pricing has always been well below market but the costs for retail locations can be high so we'll have to wait and see if this hurts their bottom line. [...]

ThredUp To Open Retail Locations2017-06-27T08:12:01+00:00

The Art Of Flipping

The game never changes, everyone loves a great deal but I was so impressed with the Sneaker Don I just had to share this article from the Business Insider. The Art Of Flipping - The resale Market Is Booming. What Makes It Tick? The minute Mel Lee stepped out of the adidas Originals boutique at [...]

The Art Of Flipping2017-06-07T08:30:15+00:00

StockX – The Simplest Way To Buy And Sell Handbags On The Resale Market

A while back I told you all about StockX, the company that deals in sneakers. "Buyers place bids, sellers place asks and when a bid and ask meet, the transaction happens automatically"   Great news! They just launched the same concept for luxury handbags and there has never been an easier way to buy or [...]

StockX – The Simplest Way To Buy And Sell Handbags On The Resale Market2017-05-12T08:31:39+00:00

2nd Time Around Resale Chain Closing Locations

If you're on the East Coast, chances are you've shopped at one of the several 2nd Time Around resale locations. Unfortunately, they will be closing several stores starting next week. Below is the email that went out to consignors. To Our Loyal Consignors, Through consignors like you, we have built a community that makes 2nd [...]

2nd Time Around Resale Chain Closing Locations2017-06-07T08:31:29+00:00

Is That Birkin For Sale Authentic?

This article was originally published on LuxuryDaily.com but was so interesting, just wanted to share. Demand for secondhand Birkin bags creates hotbed of fakes on marketplaces. French leather goods maker Hermès’ tight distribution of its iconic Birkin handbag has laid the groundwork for a booming resale market, but it has also created opportunities for counterfeit [...]

Is That Birkin For Sale Authentic?2017-03-23T11:09:34+00:00