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This Is How Luxury Resale Platforms Price Their Handbags
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 this week announced $25 million in Series C funding, in a round led by private equity firm Novator, with participation from existing investors General Catalyst and FJ Labs. The round brings […]
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This Is How Luxury Resale Platforms Price Their Handbags
A fierce debate was sparked after the Luxe Collective, a Liverpool-based resale platform for luxury bags, shared a TikTok video asking:. A fierce debate was sparked after the Luxe Collective, a Liverpool-based resale platform for luxury bags, shared a TikTok video asking: 'Is Louis Vuitton made out of plastic?
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Brands, retailers and third-party marketplaces are collaborating to scale circular fashion, working towards in-store resale, mass digitalisation and low-carbon local buying.
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