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Covetique news and archive

Retail

Luxury pre-owned website Covetique shuts down

Covetique, the luxury pre-owned e-tailer, has officially closed its virtual doors after three and half years of trading due to increasing competition affecting its sales. The online retailer, which sold second hand designer labels such as Chanel, Louis Vuitton and Prada, was back by internet giant Asos who acquired a 30 percent stake in the firm...

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Fashion

Asos invests in Covetique

Online retailer Asos has announced that it has made a "significant minority investment" in Covetique, the online marketplace that sells pre-worn designer clothing and accessories. The investment for an undisclosed sum marks the e-tailers first foray into the luxury resale market, and it has stated that as well as providing financial backing that...

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