26 Jul '17, 2pm

@VentureBeat

Rebagg , an online marketplace for second-hand luxury handbags, announced today that it has received $15.5 million in funding. Novator and General Catalyst led the round, with participation from FJ Labs, Crosslink Capital, Big Sur Ventures-Necotium, Kloof Capital, and U-Start. The New York City-based startup works with personal stylists and other fashion folks to locate second-hand luxury handbags from brands like Chanel, Hermès, and Louis Vuitton. Rebagg buys the bags and resells them online at a premium. “We estimate that less than two out 10 owners of luxury fashion are currently involved in a secondary behavior,” said Rebagg cofounder and CEO Charles Gorra, in an exclusive interview with VentureBeat. “Peer-to-peer marketplaces and consignment options are too complex, lack transparency, and are frustrating for most sellers.” The Rebagg team acts as an intermediary, chec...

Full article: https://venturebeat.com/2017/07/26/chanel-hermes-rebagg-r...

Tweets

Consignment is attractive to Gen Zs, who prefer secondhand Chanel, Hermès, Louis Vuitton https://t.co/9A1p3HL1u3

Consignment is attractive to Gen Zs, who prefer...

luxurydaily.com 01 Aug '17, 8am

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Michael Kors’ Jimmy Choo acquisition could sign...

luxurydaily.com 26 Jul '17, 9am

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Right now, an Hermès Birkin handbag is a better investment than gold https://t.co/Q35DQxzf3x

Right now, an Hermès Birkin handbag is a better...

thenational.ae 24 Jul '17, 9am

The Birkin bag is made by Hermès. It is named after actress and singer Jane Birkin Noone from Hermès will go on record to ...