EBay Expands Vogue Consignment | BoF

EBay will now provide secondhand luxurious attire sellers the choice to checklist merchandise on their behalf, shifting additional into the consignment style resale area dominated by The RealReal.

Already the most important peer-to-peer market for pre-owned items, eBay launched its consignment providing final yr, 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 checklist them on behalf of the vendor.

Linda’s Stuff may also energy eBay’s enlargement into style 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 charge might be extremely aggressive: the minimal payout charge is 60 % for sellers, and that applies for something priced beneath $300. At The RealReal, by comparability, items offered for beneath $100 will fetch sellers 20 % fee. A daily peer-to-peer itemizing on eBay for attire will assure sellers no less than 86 % of its sale worth, in keeping with its promoting charges information.

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

“The consignment programme is seeking to faucet into the buyer who’s seeking to make that leap,” mentioned Keoghan. “This is a chance to be totally 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 develop its style resale phase general lately, rising its “Authenticity Assure” programme to now embody sneakers, purses, jewelry and watches.

Study extra:

Resale’s Quick Vogue 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 firms.