In 2005 Etsy’s founders, Rob Kalin, Chris Maguire, and Haim Schoppik created the company in a Brooklyn apartment. Their original vision was to create a business that would function as an online platform for craftsmen to sell their goods. Read more about their history....
Resale items currently make up approximately one-quarter of secondhand products buyers’ closets but they are expected to make up 27% of closets by 2023. Sarah Willersdorf, global head of luxury and coauthor of the report at BCG, said: “It is now certain that consumers...
Rolex is going to enter the second-hand watch market allowing customers to buy watches that have been checked for their working condition, certified as authentic by the brand (or qualified authorized dealers), and sold with a Rolex two-year international guarantee....
The resale market is still growing fast, and this evolution affects your business. A new survey reveals that purchases of pre-owned goods are expected to increase next year. Most survey responders (62 percent) said clothing is most likely to be purchased from the...
The giant sneaker resale StockX has removed their claim of “Verified Authentic” on their site, now the sneaker’s descriptions only say new. Therefore, StockX is no longer guaranteeing their shoes are authentic. “Verified...