REBAG news and archive

Rebag debuts shopping experience curated by fashion industry leaders

New-York based online platform for buying and selling luxury handbags Rebag has debuted its Style Assembly, a new program that lets consumers gain insights from fashion industry experts on style choices with distinct fashion perspectives. To help customers make informed shopping decisions, Rebag has assembled a lineup of notable tastemakers,...

RetailFeatured

The world is in lockdown, yet retailers are opening new stores

The importance of brick-and-mortar retail is often questioned amid the rise of e-commerce. Consumers have increasingly favored the ease and convenience that comes with digital retail for several years, and as the pandemic forced almost all retailers to turn towards a digital-only approach for several months of 2020, the future of in-person...

Fashion Featured

Rebag debuts image-recognition technology for luxury resale

Rebag has unveiled a new extension of its proprietary pricing tool, Clair AI. The new software utilizes image recognition technology to instantly determine the resale value of luxury handbags. Clair AI is powered by machine-learning and backed by six years of data and millions of image references collected by Rebag. The tool can currently...

Retail

Rebag debuts a new "micro store" retail concept in NYC

Retail has seen a noticeable shift to digital commerce throughout the pandemic, and Rebag has found a new solution to brick-and-mortar: a "micro store." The secondhand luxury retailer is opening its first-ever micro version of its traditional store in New York City. Located inside The Shops at Columbus Circle, Rebag's new 180-square-foot retail...

Fashion

Rebag provides luxury resale resources through The Vault

Rebag has unveiled its latest initiative, an educational resource centered around the resale market. Called "The Vault," Rebag describes its new educational platform as "an endless treasure trove of luxury resale resources supported by years of data and experience" in a press release. The Vault aims to help consumers in strategizing their...

Fashion

Rebag expands beyond handbags into new accessory categories

Rebag is no longer just for handbags. The popular resale retailer, which had previously been known only for its offering of secondhand designer bags, is launching new product categories. Beginning June 17, Rebag will accept and sell a broad range of accessory categories including sunglasses, scarves, shawls, charms and keychains, belts, gloves,...

Fashion

Rebag secures 15 million dollars in series D funding

Luxury resale platform Rebag continues to grow. The company raised 15 million dollars in its latest round of funding, led by private equity firm Novator and including backing from existing investor General Catalyst. Rebag's total funding raised is 68 million dollars. In a company statement, Rebag noted that its recent funding demonstrates an...

Retail

Rebag announces the opening of a second Miami location

The secondhand luxury market is showing no signs of slowing down, at least not in Rebag's case. The resale retailer of luxury handbags has just opened its second store in Miami, Florida, marking its tenth store currently in operation in the U.S. Rebag first entered the Miami brick-and-mortar market five months ago, with a flagship location in...

Fashion Featured

Rebag launches luxury appraisal tool Clair to evolve resale market

Luxury second-hand handbag retailer Rebag has launched new technology it hopes will revolutionize the resale industry. Called Clair, the powerful proprietary software is a universal luxury appraisal index designed to instantly determine a handbag's current resale value. Since its founding in 2014, Rebag has been rapidly growing to position...

Retail

Rebag opens its 9th permanent brick-and-mortar store

The fashion resale market keeps on growing. Luxury handbag reseller Rebag has just announced a new store opening in California, which will bring its total store count in the state up to four and its national total to nine. Located in San Fransisco's Union Square, the new Rebag location will take up a 1,450-square-foot space featuring an open...

Retail

Rebag opens its fourth store in New York

Rebag continues to expand its retail presence. Today, it has announced the opening of its fourth store in New York State, this one located at the popular Roosevelt Field shopping mall in Garden City, Long Island. This marks its eight brick-and-mortar store in the U.S. The luxury handbag reseller uses a data-driven approach to strategize new...

Retail |RESALE TUESDAYS Featured

Fashion resale, a booming market: interview with Charles Gorra, CEO of Rebag

The stigma against second hand apparel and footwear is quickly becoming a thing of the past: according to a recent report by resale platform ThredUp, the market has grown 21 times faster than first hand fashion retail over the past three years and is expected to grow from 24 billion US dollars to 51 billion US dollars in the next five years, in...