Pre-owned news and archive

Zara names Stripe as payments partner for resale platform

Stripe, a financial infrastructure platform for businesses, has been selected as Zara’s payments partner to process all payments for the retailer’s pre-owned clothing marketplace, Zara Pre-Owned. In a statement, Zara said it will use Stripe Connect to move funds between buyers and sellers of pre-owned Zara products. The multi-payment...

Business

Ebay invests in luxury resale platform Cudoni

Luxury resale platform Cudoni, has raised 7.5 million pounds from eBay’s venture arm and existing investors. The UK-based company, which aims to simplify the luxury resale process, said “it is an outstanding vote of confidence in the brand and our ambitions, to receive investment from recommerce pioneer, eBay, during what has been an incredibly...

BusinessPartner Content

How to sell pre-loved items within an omnichannel strategy

Although the pre-owned market has become more and more popular with customers, its implementation still requires some organisation on the part of the retailer. This is where omnichannel solutions come in. Making pre-owned items available to the entire network seems essential. But how can omnichannel help? Pre-owned goods, a new strategic focus...

People

Marrkt names David Segal as marketing manager

Marrkt, the online retailer which sells pre-owned and deadstock menswear products from global brands, has appointed David Segal as its marketing manager, as the platform looks to scale in 2022 and expand to the US. Segal joins from responsible design company Raeburn, where he has served as digital and creative content manager for the past five...

Fashion

Rolex tops list of most searched for second-hand brand

Rolex is the most searched for brand when it comes to pre-owned luxury, according to data from For-sale.co.uk’s Second Hand Fashion Index. Using the methodology of searching in Google with the term ‘used’ followed by brand, Patagonia and Louis Vuitton came second and third. With the second-hand fashion market seeing unprecedented demand, fashion...

Retail |In Pictures

Bucherer opens new UK flagship boutique in London

Family-run jewellery company Bucherer has opened its new flagship in Covent Garden, London, as it continues its UK expansion. The 4,000 square foot boutique, set in the arcades of the Royal Opera House, houses Bucherer’s own-brand jewellery and watches, alongside shop-in-shop concepts for brands including Rolex, Omega, and Cartier. The store...

Retail

Handbag Clinic launches partnership with Fenwick

Luxury handbag restoration and preowned designer resale retailer, Handbag Clinic is partnered with luxury department store, Fenwick, to offer a combined restoration repair and resale service. The partnership will launch in Fenwick’s flagship Newcastle store from October 28 and may roll out to further Fenwick stores nationwide in 2021. The...

Fashion

Farfetch and Susan Caplan launch vintage Dior jewellery

Farfetch has launched a collection of archive Christian Dior jewellery in collaboration with boutique partner Susan Caplan, as part of its newly-launched Pre-Owned hub and its growing focus on sustainability. The 80-piece Dior archival jewellery collection, sourced by Susan Caplan, purveyors of the UK's largest selection of quality vintage...