REBAG news and archive

Rebag introduces Wallet feature for premium payments

Rebag, the trading, buying and selling platform, has debuted a new payment concept that aims to centralise seller payouts. ‘Rebag Wallet’, which will power Seller Funds and further proceeds, has been launched alongside ‘Premium Payouts’, an initiative that looks to reward sellers for keeping their Seller Funds in their wallets over a period of...

8 Dec 2022

Business

Resale platforms join in cutting Yeezy products amid backlash over Ye’s hate speech

A number of major resale platforms have joined in the growing backlash against Ye, the rapper formerly known as Kanye West, following his regular bouts of hate speech and controversial behaviour. The RealReal is among those that have denounced the rapper’s remarks against the Black and Jewish communities, with the platform stating it would no...

27 Oct 2022

Fashion Featured

Telfar becomes one of the most valuable resale labels

Luxury resale platform Rebag has revealed that Telfar has become one of the most valuable labels in the resale market, and Chanel, Louis Vuitton and Hermes have reached “unicorn status” for leading the pack in terms of retention value. According to Rebag’s 2022 Clair Report, which investigates the value of luxury brands on the resale market,...

18 Oct 2022

BusinessFeatured

Rebag expands into footwear and apparel

Luxury resale platform Rebag is expanding its product offering to include footwear and select apparel, alongside its luxury accessories for both men and women. In a statement, Rebag said that the introduction of shoes and clothes will “bring a diversified selection of the most coveted luxury styles on the resale market,” to its online platform...

20 Jul 2022

Fashion

Rebag and Moda Operandi in luxury resale tie-up

Resale platform Rebag has teamed up with luxury fashion retailer Moda Operandi for a digital trunk show. The tie-up will give Moda Operandi customers access to more than 115 of Rebag's most sought-after styles, including exotic and one-of-a-kind pieces by labels including Hermès and Chanel. Standout items include a limited edition Louis Vuitton...

14 Apr 2022

Retail

Rebag opens Miami location

Rebag, the trading and resale luxury platform, has opened a new brick-and-mortar location in downtown Miami's Brickell City Centre. Miami is already home to Rebag's Dadeland Mall store location. "We are thrilled to further expand our retail presence in Miami, contributing to the city's supercharged luxury retail experience," said Charles Gorra,...

25 Feb 2022

Business

Rebag gets 33 million dollar Series E funding

Luxury resale company Rebag has secured 33 million dollars in a Series E funding round, led by private equity firm Novator, with participation from existing investors including General Catalyst. This brings the company’s total funding raised to 101 million dollars. In the last 12 months, Rebag has maintained its high growth trajectory. The...

15 Dec 2021

Retail

Rebag opens store in Beverly Hills

Retailer Rebag has opened a new store in Beverly Hills, California. Located close to Rodeo Drive on Brighton Way, the store spans 800 square feet and joins a host of other luxury stores in the area, including Berluti, Escada, Wolford, Isaia and Creed. Aimed at the buying and selling of luxury accessories, Rebag allows customers to buy new...

5 Nov 2021

Fashion

Rebag debuts shopping experience curated by fashion industry leaders

New-York based online platform for buying and selling luxury handbags Rebag has debuted its Style Assembly, a new program that lets consumers gain insights from fashion industry experts on style choices with distinct fashion perspectives. To help customers make informed shopping decisions, Rebag has assembled a lineup of notable tastemakers,...

21 Apr 2021

Fashion Featured

Rebag launches luxury appraisal tool Clair to evolve resale market

Luxury second-hand handbag retailer Rebag has launched new technology it hopes will revolutionize the resale industry. Called Clair, the powerful proprietary software is a universal luxury appraisal index designed to instantly determine a handbag's current resale value. Since its founding in 2014, Rebag has been rapidly growing to position...

24 Oct 2019

Retail |RESALE TUESDAYS Featured

Fashion resale, a booming market: interview with Charles Gorra, CEO of Rebag

The stigma against second hand apparel and footwear is quickly becoming a thing of the past: according to a recent report by resale platform ThredUp, the market has grown 21 times faster than first hand fashion retail over the past three years and is expected to grow from 24 billion US dollars to 51 billion US dollars in the next five years, in...

24 Sept 2019