Luxury resale platforms are relying on consignment to bring in more supply
www.glossy.co/fashion/luxury-resale-platforms-are-relying-on-consignment-to-bring-in-more-supply/
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“We have lots of data around consumer behavior,” Kamdar said. “And one thing we see is that, for high-end products like handbags, there are consumers who have a lot of them just sitting in their closets because they don’t want the hassle of listing them all themselves. They want a white glove service that will do it for them.”
Charles Gorra, CEO of Rebag, made a similar statement, saying that the biggest challenger to a luxury resale platform isn’t other platforms; it’s idleness.
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