EBay Expands Fashion Consignment | BoF

EBay will now supply secondhand luxurious attire sellers the choice to record merchandise on their behalf, transferring additional into the consignment trend resale house dominated by The RealReal.

Already the biggest peer-to-peer market for pre-owned items, eBay launched its consignment providing final 12 months, beginning with purses. Customers can ship of their Chanel or Prada luggage, and Linda’s Stuff, the well-established store on eBay operated by Linda Lightman, will course of, {photograph} and record them on behalf of the vendor.

Linda’s Stuff may also energy eBay’s enlargement into trend consignment, beginning Monday, March 18. The platform will settle for new and used attire from manufacturers like Dior, Fendi, Prada and Aimé Leon Dore.

The consignment fee price will likely be extremely aggressive: the minimal payout price is 60 p.c for sellers, and that applies for something priced beneath $300. At The RealReal, by comparability, items bought for beneath $100 will fetch sellers 20 p.c fee. A daily peer-to-peer itemizing on eBay for attire will assure sellers at the very least 86 p.c of its sale worth, in line with its promoting charges information.

Consignment is one approach to attain clients who might have reservations about promoting their pre-owned garments, in line with Kirsty Keoghan, world head of pre-owned attire at eBay.

“The consignment programme is seeking to faucet into the patron who’s seeking to make that leap,” stated Keoghan. “This is a chance to be absolutely protected and somebody [else] does all of the heavy lifting. It’s a low barrier approach to take a look at resale.”

EBay has made strikes to increase its trend resale phase general lately, rising its “Authenticity Assure” programme to now embody sneakers, purses, jewelry and watches.

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Resale’s Fast Fashion Purge

Vestiaire Collective will now block 30 manufacturers together with Hole, H&M and Zara from its platform, including to an earlier ban on Boohoo and different low-priced on-line retailers. It’s an eco-conscious spin on a broader push upmarket by secondhand corporations.