Companies like The RealReal, StockX, Goat, Rebag and eBay are hiring more authentication experts to weed out counterfeit products. Finding enough qualified candidates is a struggle.
The company has closed its latest funding round in the throes of the coronavirus pandemic, suggesting resale is one area of luxury investors are optimistic about.
The luxury resale marketplace reported positive results, with stocks up by 24 percent.
The online marketplace for authenticated luxury products is revising its physical store strategy in the $10 billion US used apparel market.
Fashion resale sites could follow the trajectory of online sample sales, from must-shop to bottom-feeder. But there's an alternative.
In Part I, we examined the innovations and infrastructural advances that have improved the historically poor economics of e-commerce and set the