[3][4], The RealReal was founded in 2011 by Julie Wainwright, an e-commerce entrepreneur. Note that all returns must be returned within 14 days of delivery. Describe your price and get paid fast when your item sells. All rights reserved. Their quality control team will check your item andshipsit within 2-4 days. In late year of 2019 reports emerged from online sources including Forbes[29] and CNBC[30] that the brand was selling counterfeit goods which led to a class action suit. It is really easy to sell on Depop! When you like any item, you can click on it to get the complete information of the item, from the condition of the product to the model. Payment Methods: Visa, Mastercard, American Express, JCB, Unionpay, Dankort, Diners Club, Discover, Klarna, PayPal, Oney, Splitit, Affirm, wallets, and online bank transfers. StyleCaster is a part of Penske Media Corporation. From Louis Vuitton and Michael Kors to Outdoor Voices and Lululemon Athletica, Poshmark has everything you want! Once you add a luxury item to the cart, it goes through careful quality control and authenticate processes. [2] Based on the circular economy, The RealReal sells consigned clothing, fine jewelry, watches, fine art and home decor. Also, remember that all The Real Real alternatives offer a wide range of products and provide the best way to earn additional cash by clearing your closet! And when you dont have enough funds to purchase an item, you can seamlessly use its make an offer feature that offers buyers to open to negotiations with sellers. However, The Real Real provides a safe and secure platform for consumers to buy and sell luxury items. [39] When consumers consign or buy Gucci on The RealReal through the end of 2020, a donation will be made to One Tree Planted to support its mission to protect biodiversity and reforestation. Generally, it processes refunds within 2-4 business days of receipt based on your refund method selection. You can search for products by using filters like category, size, price, and brand. 7 Sneaker Trends For 2022 To Level Up Your Athleisure Jennifer Lopez Can't Stop Wearing Reformation On Her Im a big believer in donating clothes and items I no longer need, but Im also not opposed to consigning my pricier pieces. And to be honest, most of them work better than The Real Real. Returns & Refund Policy: If you dont like the item that you have brought from an Individual Seller, you can relist the item for sale within 72 hours after receiving it for completely free. Browsing The Real Real site feels like shopping on a premium e-commerce site. Browse over thousands of unique second-hand pieces. It Won't Be Easy To Get It Right", "The RealReal's shares plunge as poor training and tough quotas cast doubt on 'no fakes' pledge", "NASDAQ: REAL Shareholder Notice: Lawsuit against the RealReal, Inc. announced by Shareholders Foundation", "The Real Real, Stella McCartney Team to Embrace Circular Economy", "Why The RealReal And Stella McCartney Are Calling For Luxury Brands To Embrace Reselling", "The RealReal Is Getting Real About Consignment Shopping Sustainability", "See How Many Car Miles You Save When Secondhand Shopping With This Calculator", "The RealReal Observes National Consignment Day by Launching Sustainability Calculator", "Burberry partners with The RealReal to test reselling high fashion", "Gucci and The RealReal Announce a Game-Changing Partnership", https://en.wikipedia.org/w/index.php?title=The_RealReal&oldid=1097667142, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 12 July 2022, at 00:21. Consignment shoppers are certainly not limiting their selection at the momentand the numbers are proof. Over 70 million people across the United States and Canada. If you want to become a seller, you just have to download the Poshmark app on your device and list the product that you want to sell. Youll have to take a couple of photos of your product, edit it with its in-built tools & filters and provide the description or detailed information of what you are selling, such as size, color, quantity, brand, and price. For consignors, TheRealReal acceptsfine jewelry and watches, womens and mens fashion, home, art, and kids. Popular Brands: J.Crew, Ann Taylor LOFT, Banana Republic, BCBGMAXAZRIA, Lululemon Athletica, Talbots, Free People, Lily Pulitzer, Madewell, and more. [35][36][37] In 2019, the company marked National Consignment Day by launching a second sustainability partnership with luxury brand Burberry. Trade-in your once-loved items for credit worth 25% more. If the return doesnt meet their requirements, the product will not be approved for a refund. Logo-heavy brands declining in resale value include Michel Kors, Kate Spade and Tory Burch logo totes. Standardshippingwill take around 6-9 business days to arrive from the order date. Fill in your details and then finalize thepayment. Developed with environmental consulting firm Shift Advantage, it measures the environmental impact of consignments processed by the company. Below, a deep dive into the consignment stats that can help inspire your next impulse buy or closet clean-outplus, a peek at which brands in particular made consigners the most coin. thredUp boasts itself as the Worlds Largest Consignment Store offering tens of thousands of items, mainly clothing for children and women for sale at any given time! Note that it doesnt accept prepaid cards without a registered billing address. TheRealRealrecently released its 2020 Resale Report, highlighting the shopping trends of stylish consumers in the age of COVID. Beyond Louis, Gucci and Chanel have kept up their dominance, although they fell to second and third, respectively, on the designer brand rankings. In 2018, Chanel filed suit in the Federal Court of the Southern District of New York, alleging The RealReal for hosted counterfeit Chanel on their website and misled customers that an affiliation existed between the two.[27][28]. Categories: Women, kids, juniors, maternity, plus shoes, handbags, activewear, backpacks, accessories, and more. Consumers can like and comment on the item or can directly message sellers regarding the product on sale. 90s fashion is back and better than ever, with Gen X selling 37 percent more 90s pieces YOY and Gen Z buying 61 percent more of them. It can be a wonderful way for sellers to earn extra money, and for buyers, it can save a lot of money! Manage your shipping status, returns, account, and sellers offers within the app. It offers contemporary and designer brands as well as vintage items. Include clear photos showing the original color and any areas prone to wear, such as corners, interior lining, and handle, as well as the size, model, and textile. The list is as follows: New Balance sneaker collabs (selling for up to 387 percent of retail), Dior Jordan sneakers (selling for up to 318 percent of retail), Chrome Hearts Trucker Hats (selling for up to 296 percent of retail), Rolex Submariner Date Watches (selling for up to 262 percent of retail), Patek Philippe Nautilus Watches (selling for up to 258 percent of retail), Chanel costume jewelry (selling for up to 234 percent of retail), Louis Vuitton Coussin Bags (selling for up to 175 percent of retail),Bottega Veneta Chelsea Boots (selling for up to 100 percent of retail), Emilio Pucci mini dresses (selling for up to 99 percent of retail) and lastly, Prada mens nylon bags (selling for up to 98 percent of retail). Of course, Im here to talk specifics. With a focus on authenticated luxury consignment, the store at 331 Worth Avenue sellsa variety ofitems including men's and women's designer clothing, fine jewelry, watches, handbags, art, home goods and more. From this information, its easy to narrow down exactly which designers are back and better than ever with high resale values, including Jean Paul Gaultier and Thierry Mugler both up 70 percent, vintage Prada up 38 percent, Vivienne Westwood up 26 percent and Missoni up 20 percent. Alternatively, you can even ship your products directly to the store for completely free or visit a Luxury Consignment office for a valuation and drop-off. Popular Brands: Jennifer Meyer, Messika, Anita Ko, Boucheron, Buccellati, Grand Seiko, Hublot, Jaeger Lecoultre, and more. It also has expedited shipping for the domestic shipments in the United States for $50, and itll approximately take 3-5 business days to arrive from the order date. Vintage jewelry is up to two to three times more valuable than modern pieces on the resale market, with noteworthy standouts including vintage Chanel necklaces selling for up to 697 percent (!) Hopefully, the above article on the 6 best sites like Real Real has helped you to get quality items with proven and honest authenticity. ViralTalky's team of content writers regularly helps write high quality content. Also, it is really important to mention if there is any damage to the product. However, youll receive a full refund if your product doesnt arrive or if it is not exactly as described. "It's taken bold stances like going fur-free, driven civic action and supported gender equality. Gen X is selling a ton of Fendi Baguettes and LV Multicolore bags to millennials, who are conveniently selling their Tiffany & Co. Return to Tiffany pieces to Gen Zwho somehow just discovered the brand. Must Try these 6 Sites Like Tradesy for Selling Used! Shipping is completely free for all orders of or above $500, and it charges $20 for all orders below $500. There are several other sites like Real Real that offer to sell brand-name products. All Rights Reserved. Lets go from youngest to oldest, shall we? Shipping Policy: It charges a flat rate of $5.99 for the standard shipping for orders within the United States. You can browse through its website and select an item that you like. Categories: Designers, bags, accessories, jewelry, sale, alter, new arrivals, and more. Skip Breakfast at Tiffanys and opt for breakfast in bed while shopping online! Who's drivingLouis' upward ascent, you may ask? That, coupled with bold maximalism that continues to feel unique among a crowded field of luxury labels vying to win with millennials, has established Gucci as the luxury brand for a new generation. It has a feature that alerts you whenever a certain product you are looking for is listed. Demand for Gucci products is up 78% year-over-year for both men and women, thanks largely to a rabid millennial fanbase, the report found. You can then select your preferred payment method. Please consider a subscription to The Palm Beach Postor thePalm Beach Daily News. Send Rebag your items or visit its physical store and sell in less than 60 minutes. These days, buying pre-owned pieces is a luxurious experience that is both sustainable and convenient. Features everything from loungewear to luxury. Although the past few months have seen most of us stuck at home (or, if we're lucky, at a friend's summer house), quarantine hasn't stopped passionate fashionistas from stocking up on designer clothing. Itll also try to accommodate special shipping requests, but it is the customers sole responsibility to understand their shipping procedures. Thepayment methodchosen for an order cannot be changed after an order is placed. And the only downside is that it holds the sellers funds until the buyer makes sure that the product has arrived. Payment Methods: Credit or debit card and PayPal. Rebag is one of the best sites like Real Real that primarily focuses on designer handbags, pouches, clutches, totes, and many more! The companyalso operates a consignment office in Miami. For contemporary fashion, Tory Burch and Rag & Bone took the lead. Fashionphile is another online fashion resale site like Real Real where users can buy and sell womens luxury designers, accessories, used handbags, and jewelry. The RealReal luxury consignment store opened its 18th retail location on Palm Beach's Worth Avenue last month. Last but not least, we have Depop on our list of sites like Real Real. It can be the perfect choice for people who have designer items to sell and dont want to take the time to negotiate with customers. [33][34] Year over year, TRR has seen a 69 percent increase in women buying mens Balenciaga, a 62 percent increase in men buying womens Bottega Veneta handbags and a 27 percent increase in women buying mens suiting. Split the cost of your purchase with interest-free payments. You can reach herat jwagner@pbdailynews.com. Sites Like Real Real: If you are looking for the best clothing and accessory resale sites, youve come to the right place. Offers high-quality second-hand clothes and designer bags. In order to sell on Vestiaire Collective, youll have to download the app and use the easy listing form to list the products that youd like to sell. Save my name, email, and website in this browser for the next time I comment. I guess we won't be rid of YSL or everyone's favorite check designer items for quite a while, as Vaccarellos Loulou bag is up 143% this past few months, and there's been a hike in Burberry's men's demand (52% to be exact). thredUp does all the work of pricing and listing for you. Weve mentioned all the detailed information about each site so that you can decide on the perfect site that will be right for you. In 2017, The RealReal opened its first permanent retail store in New York City. Louis Vuitton and Chanel rounded out the top three spots on The RealReal's list. You can add the item you want to buy to your shopping bag and then proceed to checkout. Gen X has a plethora of luxury bags worth consigning, including Chanel and Gucci shoulder bags and Louis Vuitton top-handle purses. It has a wide selection of second-hand designer items like shoes, accessories, handbags, apparel as well as home goods. Search by brand, category, new arrivals, size, price, and more. "As shoppers get savvier about how they invest and the impact what they're buying has on the planet, they're turning to luxury resale as both a replacement for fast fashion and a barometer of value.". Users get to create a profile that looks quite similar to Instagram, which displays products youre selling, saved products, and the products you like. Known for its huge collection of popular brands, Vestiaire Collective is an ideal site for both buyers and sellers of designer fashion. : Secondhand Fashion Goes Mainstream", "The RealReal Raises $300 Million in IPO", "OPINION AND ORDER re: 29 MOTION to Dismiss First Amended Complaint. Note that shipping fees from Rebag to the customer will not be refunded. Journalism like ours takes time and resources. And unlike other consignment sites, Vestiaire Collective lets sellers select the price of the product they are selling. Offers pre-owned handbags and accessories at up to 70% off retail. Leading social marketplace for new and second-hand styles. Shipping Policy: Usually, your purchase isshippedwithin 3-5 business days. [6][7] In 2019, The RealReal opened a third retail location, its second in New York, on Madison Avenue on the Upper East Side. This site gives sellers the ability to curate their closet of products theyd want to resell. What exactly are people buying and selling these days? Make offers to sellers, add items to your wishlist, and share the products. Mercari vs Ebay vs Poshmark: Which is Best in 2021? The following year, to mark National Consignment day, The RealReal launched a custom sustainability calculator. You can choose from new or gently used items from popular brands like Free people, Lululemon, Anthropology, Banana Republic, and many more. More people are consigning than ever beforeand Im not talking about older fashionistas with handbag collections theyve been building up for decades! Help support our journalism. With an easy-to-navigate site and a huge user base, Poshmark makes selling and buying new or gently used stuff easy. So, whether you are in search of a classic Louis Vuitton purse or for a rare vintage Rolex watch, in this post, youll find everything that youve been looking for. To be eligible for a refund, youll need to ship back within 5 days of approval. But if you receive any damaged item or wrong product, youll get 3 days after delivery to report the problem. Gen Z are all about turning a profit on Gucci sneakers, belts and crossbody bags. Still, you might be confused about selecting one as there are many sites out there. And for sellers, it makes life easier by offering free in-home pickups, so you dont have to mail your products in. Based on all this 2021 data, TRR is making suggestions on the top items to consign in 2022 to make bank. A large portion of people buying and selling on TRR fall into Gen Z and millennial age ranges, with Gen Z as the most rapidly-growing demo up 56 percent since last year. [25][26], The RealReal has had multiple claims from luxury designers that items on their website were counterfeit. Thousands of pre-owned luxury items are posted every day at up to 70% off on the original price. Then, add it to your bag and review your shipping address to ensure it is correct. "Gucci has successfully created a brand that resonates by reflecting the values of its growing community," Rati Levesque, COO of The RealReal, wrote in the report. Sellers can earn up to an 85% commission fee for the selling price of their products. Their curation team will help optimize the visibility of your product. Depop is a peer-to-peer social eCommerce site that allows consumers to buy and sell clothes and accessories. As a seller, youll need to click Sell on the cleanout page, and you can choose to order a cleanout bad from thredUp or get a shipping label emailed to you. Brand-new or secondhand, Gucci continues to dominate the luxury retail market. Looking at what they want to shop (or get rid of) is particularly telling as we assess the years upcoming trends. Because Rebag wont just approve any bag from a luxury brand. Baby Boomers focus less on brand name and more on item quality, consigning unbranded cocktail rings, statement earrings and the like. If you think any bag is worthy of sale, youll require sending in some photos and details on the condition of the piece. [20] In 2022, The RealReal opened an additional retail location in Brentwood, Los Angeles. Click-to-call and map your way to its showrooms. In more exciting news, however, the report has revealed a number of labels on the rise that chic shoppers (and resellers) would be wise to get their hands on ASAP. For men, brands include Gucci + Louis Vuitton,and streetwear brands from Yeezy, Nike and Nike x Off-White; casual weekend wear like T-shirts and button-downshirts from Prada, Saint Laurent, and Brunello Cucinelli; andbackpacks, briefcases and weekender bags from Gucci andLouis Vuitton. It inspects, photographs, lists, and ships items for you. Return & Refund Policy: If youd like to return the product, youll have to navigate to thereturns pageto start a request. Browse listings from +30M users or create your own. Visitherefor more detailed information on shipping methods. Now, recently they announced their exclusive partnership with Neiman Marcus, to assist other brands users to sell their pre-owned goods seamlessly. [24], On June 28, 2019, The RealReal went public on Nasdaq under the symbol REAL and raised $300 million during its IPO. By clicking Sign up, you agree to receive marketing emails from Insider You can then describe your item and upload its images in less than 60 seconds. Moreover, it offers a way to recycle unwanted products for extra cash, thus making it popular among Millennials and Gen Z. Note: We're all in on covering Palm Beach County, which we've done for over 100 years. And dont worry about the quality because thredUp has its own authentication services to make sure the products they list for sale are legit. According to the RealReal, aside from Louis' dominance during quarantine, the 2017 Louis Vuitton x Supreme Epi Keepall Bandoulire 45 is number nine in the top ten most purchased items during quarantine. Therefore, keep on reading to find out the detailed information on the sites like Real Real that will help you decide the perfect platform for you! The average monthly volume of new consignors from the first to secondhalf of 2020 rose 28%, 35% of new consignors in 2020 were between the ages of 18 and 34, The top five luxury brands with the highest resale value in 2020 were Goyard, Van Cleef & Arpels, Louis Vuitton,Herms and Chanel. Visitherefor more information. which designer brands have a high resale value. Shipping Policy: The seller is instantly notified whenever you make a purchase, and hell have to ship the product youve selected to Vestiaire within 7 days. However, most sellers ship within two days. Buyers can shop the site by price, color, collection, brand, and many more! In this way, it wants to educate customers and offer a sustainable option for buying and selling. Before I go on, I'm going to abstain from talking about my personal favorite brands and pieces(Jordans, Off-White, Supreme, that kind of thing) because I think it's pretty obvious that Preme's FW18 waist bag, literally any hyped Off-White hoodie or Off-White x Nike piece, and the Jordan 1 Breds would continue their upward trajectory. Your email address will not be published. One of the major drawbacks of The RealReal is its discount terms, which specify that The RealReal can discount anything placed for sale on the site by 20%. [11] In 2021, the company opened additional retail locations in Brooklyn, New York,[12] Newport Beach, California,[13] Greenwich, Connecticut,[14] Austin, Texas,[15] Dallas, Texas,[16] Marin, California,[17] Atlanta, Georgia,[18] Manhasset, New York,[19] and Palm Beach, Florida. Popular Brands: Christian Dior, Louis Vuitton, Chanel, Gucci, Nike, Hermes, and many more.