Re-Sale news and archive

Nike Korea to ban re-sellers, will other countries follow suit?

Nike Korea is taking action against the reselling of its products, especially sneakers, with new terms and conditions banning certain purchases. The sportswear giant will retain the right to cancel orders if there are indicators leading to an intent to re-sale. The news comes after one of its coveted Air Force 1 series x Louis Vuitton was sold...

Fashion Featured

LuisaViaRoma enters resale market in partnership with Vestiaire Collective

LuisaViaRoma is launching a resale platform in partnership with second-hand luxury e-tailer Vestiaire Collective. The Italian fashion company will enable customers to sell pre-loved clothing from over 40 of its luxury brands, including Balenciaga and Dior, in exchange for gift cards that can be used within the online store. The initiative will...

Fashion

Jean Paul Gaultier launches rental and re-sale service

French designer Jean Paul Gaultier on Wednesday will debut 30,000 vintage pieces available for rental. The Paris-based maison will include some of its most iconic pieces and archival runway looks in a bid to embrace slower fashion. Gaultier will manage its new rental category in-house, building on a new chapter of reinvigorating and innovating...

Business

Luxury re-sale platform Tradesy raises 67 million dollars

A monogrammed Louis Vuitton Pochette bag sells for 560 dollars. In another listing a Cartier Tank watch in steel is on sale for 2,700 dollars. Pre-owned luxury site Tradesy is the latest platform hoping to take a share of the booming re-sale market, a category that has both consumers and investors excited. In a Series D funding round, Tradesy...

Fashion

eBay to authenticate collectible sneakers

Ebay’s authentication scheme for sneakers has now rolled out to the UK. The guarantee is currently available for eligible sneakers sold in new condition for 150 USD or more and pre-owned condition sold for 300 USD or more. Eligible sneakers will display a blue Authenticity Guarantee check mark. With the sneaker resale market set to be a billion...