Fashionphile

An e-commerce platform specializing in the resale of pre-owned luxury goods. The company operates as a major player in the ultra-luxury re-commerce market, focusing on high-end designer handbags, accessories, jewelry, and watches.

Its business model is centered around buying, selling, and consigning second-hand luxury items, providing a platform for consumers to monetize their collections and purchase authenticated, pre-owned designer pieces at a discount. The company generates revenue through the margin on items it buys and resells, as well as commission from consignment sales. It serves a clientele of luxury consumers, both as sellers and buyers, who are interested in sustainable fashion and circular economy principles.

In addition to its direct-to-consumer online platform, the company has a partnership with Neiman Marcus, which includes drop-off points in some of their department stores. This collaboration expands its reach and provides a physical presence for its customers. The company also holds a B Corp Certification, which reflects its commitment to social and environmental standards.

Keywords: luxury resale, e-commerce, pre-owned, designer handbags, accessories, jewelry, watches, sustainable fashion, circular economy, consignment