博客

Resale market for accessories, clothes rises with Internet boost

2014-05-13 17:15

 

Jenna Broems shops for clothes the same way she hunts for a new car: She considers resale value.

Broems, who lives in Stamford, Conn., interlining buys only brands like Abercrombie & Fitch and 7 For All Mankind because she believes they will fetch the highest prices when she’s ready to move on.

“I’m now walking in like ‘What’s the return of this? Am I going to be able to resell?’ ” said Broems, 38, a teacher who has made $2,500 from stuff she’s resold on ThredUP, an online resale site for used clothes.

Americans increasingly are considering the resale value when they shop for everything from jeans to handbags. The habit is in part due to a growing number of websites that make it easy for shoppers to buy and resell used goods.

It’s the latest reflection of the tough economy Permess Interlining. Buying used goods at consignment shops became popular during the recession when Americans were hurting for extra cash.

The habit has stuck during the economic recovery as people have gotten used to being able to wear the latest fashions without paying top dollar. Just as people lease a new car every couple of years so they’re always riding in style, reselling clothes is a way for Americans to trade up or splurge without spending a lot.

The trend also is a consequence of the escalating cost of luxury. Rising prices of designer merchandise in recent years have tested the willingness of even affluent shoppers to pay full price. The price tag of a classic Chanel handbag, for example, is $4,900 this year, up from $2,250 in 2007.

The size of the resale market is tiny: About 10 percent of overall luxury goods, including clothing, handbags, accessories and home furnishings, are sold in the aftermarket — with about 1 percent of used goods sold online, estimates Forrester Research’s Sucharita Mulpuru.

But data suggest it’s a fast growing area of retail: Shoppers seem to have resale value in mind. According to a survey conducted last year by market research firm The Intelligence Group’s Cassandra Report, 44 percent of 900 shoppers between 14 and 34 think of resale value when they purchase things like electronics, furniture and clothing.

Shannon Dolan, who lives in San Francisco QST Interlining, said she’ll buy a Louis Vuitton handbag over a Gucci one based on how much she believes it will command if she resells it.

“It absolutely changed the way I shop,” said Dolan, who has made $10,000 on online luxury resale marketplace TheRealReal by selling clothes. “I’m really thinking of the value and investment of some of the things I’m buying.”

Resale sites have taken note. The sites marry the discounts found on resale online king eBay with tighter controls. Luxury sites like Portero and TheRealReal, the largest seller of authenticated luxury resale goods with business expected to reach $100 million this year, have the staff to make sure designer goods are authentic.

The sites also offer a faster way to sell than consignment stores, where shoppers can wait for months to have items sold and reap no more than 50 percent of the resale price.

With the sites, items often sell within days, and shoppers get as much as 80 percent of the resale value.

Julie Wainwright, CEO of TheRealReal, which focuses on the top tier designer labels in fashion, accessories and jewelry, said her office fields five or six calls a day from customers Curtain Interlining wanting to know about the resale value of a brand. “People will call us before they shop, or while they’re shopping,” Wainwright said.

And the sites have all kinds of tricks of the reselling trade. For instance, TheRealReal said it doesn’t carry even some higher end brands including Escada, St. John and Max Mara because they’ve been inconsistent or have lost buzz and, thus, don’t command high resale prices.

Conversely, the ones with the most value in used clothing and handbags are Chanel, Hermes and Louis Vuitton. In shoes, it’s Christian Louboutin, Wainwright said.

Some analysts say the new focus on resale value could hurt sales at traditional retailers — particularly at luxury stores.

But resale sites say they can help retailers because shoppers are more willing to spend if they know they can easily resell items later. Some even are creating partnerships with traditional stores.

<< 1 | 2 | 3 | 4 | 5 >>

博客

Greater Rochester/Finger Lakes Region designated a Manufacturing Community

2014-06-13 17:54
  Today, the Greater Rochester/Finger Lakes Region of New York was designated as one of the first 12 Manufacturing Communities by The U.S. Department of Commerce as part of its Investing in Manufacturing Communities Partnership (IMCP) initiative. The U.S. Commerce Department-led program is...

Resale market for accessories, clothes rises with Internet boost

2014-05-13 17:15
  Jenna Broems shops for clothes the same way she hunts for a new car: She considers resale value. Broems, who lives in Stamford, Conn., interlining buys only brands like Abercrombie & Fitch and 7 For All Mankind because she believes they will fetch the highest prices when she’s ready to...

UGG Boots

2011-10-10 18:40
  You follow through at once you are haul history repercussion your hands.  The piping grow into sticker sealing the envelope is from a instance when important conversation were mutual due to the doorjamb. known was no related enterprise for an contemporary poop from a man. Thoughts...

The fashion Burberry handbags

2011-09-19 15:09
  I am glad to introduce you that about our best producer wholesale handbags, Louis Vuitton handbags, D&G handbags, Burberry handbags, the worth of handbag stops so substantially the trendy women’s steps. chanel bags replica near to the one side, they are infatuated with its color, style, and...

What Your Handbags convey About You

2011-09-19 15:08
  Big and copious Big, massive again oversized bags are casual further are usually associated disguise younger humans. hermes handbags These are used owing to people who bear a encircle of things (binders, books etc) and impel a combine of orifice. Down-to-earth, lower-maintenance female...

Watch Out for Claimed SEO "Experts"

2011-09-19 15:07
  This is an excerpt taken from an article from an "industry SEO leader" (note sarcasm). The only problem is that it was written and delivered to this "expert's" clients in Mid year of 2008! How is that industry leading or insiteful? To be leading edge or even on the front 20%, watches...

Watch Tron Legacy Full Movie Directly On Your PC

2011-09-19 15:05
  The preview ends with a brief montage.replica watches uk The "Disc Wars" scene is terrific, so I won't spoil it any further. Sam sees in the distance an identical battle in between disc throwers, watching in horror like a contestant is derezzed, shattering him. [Obligatory spoiler alert....

--- From the memory of those lost

2011-05-30 21:56
"The wrong choice," meaning that rhyme tunes, christian louboutin sale the melody is so bleeding people; this way, it was quietly listening to the voice of freedom from the waiting Yi. Exclusive with such feelings, and thoughts of this against the background of certain things with certain people....

Snow on the Broken Bridge homesick tear

2011-05-30 21:55
s There is a butterfly, called the butterfly! bailey ugg boots Hidden beauty, turned into the emaciated dead leaves, just to give yourself the most protection! Past the edge of the search, pupation as butterflies, flowers laid hold butterfly wings, never to be seen wither! South of the night,...

Owe you a hug

2011-05-30 21:55
Go a long time ago said, did not think so hurry to go. ugg outlet onlineHurried farewell, too late to say, sorry. At the dinner table, eat and drink, create a ruckus. Instead, the performance of its natural feel awkward. Sitting opposite, but did not dare look up. I sat next to her, suddenly sad...
1 | 2 | 3 | 4 | 5 >>
fake jordan 4 bred