As of yesterday, Rebag will now be selling and accepting products in exchange for either Rebag Credit or upfront payment. The business now boasts a wide range of new accessories as well as the inventory of luxury-made handbags from brands like Hermes, Chanel, Louis Vuitton, and Gucci. The accessories include scarves, shawls, keychains and charms, belts, gloves, hair accessories and hats, small leather goods, fashion jewelry, and sunglasses.
Back in 2014, the mission of Rebag was to become the industry monolith it is today through being the ultimate luxury handbag source. Now the company has reached its initial endeavor with a host of new accessories to go with the inventory of handbags. These recent expansions allow Rebag to gain more knowledgeability toward its consumer base, addressing multiple points in the resale industry.
"When we launched Rebag, our goal was to become the expert in luxury handbags, which we largely succeeded in. By expanding our business model with the launch of accessories, we are excited to broaden our knowledge and continue to share it with our customers," says Charles Gorra, CEO and Founder of Rebag.
On top of this expansion into new accessories, Rebag has its other two initiatives in Rebag Infinity and Clair by Rebag. While Clair allows customers to create a very accurate instant price offer, Rebag Infinity is a method for shoppers to return any item within a year of purchase for the company to buyback at 70-80% of the original Rebag price.
Rebag, the authority on buying and selling luxury goods, is currently one of the fastest growing retailers in the US and has established itself as a leader in the luxury re-commerce space. Founded by Charles Gorra, what makes Rebag unique is that for the first time in the industry, it's possible to sell and authenticate your designer goods and receive instant payment. Since 2014, the digitally native company has opened retail locations in New York, Los Angeles and Miami. In 2020, Rebag was named one of Fast Company's Most Innovative Companies. Rebag has been featured in the New York Times, Business of Fashion, VOGUE, TechCrunch and more.
Information originally sourced from Yahoo! Finance.