The resale market continues to grow but in order to sell luxury goods, many customers seek authenticated products to justify the sometimes still high price tags. Fashionphile is one business that is capitalizing on the expanding market with a rigorous screening process that involves a combination of well-trained staff and cutting-edge technology.
The front of the 30,000 square foot building is a showroom where customers can bring in their gently-loved bags to be evaluated on-site and browse the selection of curated pieces. Each bag is thoroughly authenticated based on precise colors, hardware, fonts, and logos by an employee with a minimum of 5,200 hours of training. Plus, a device is used to precisely identify Pantone shales and even x-rayed to reveal the interior hardware.
Once authentication has been determined, the price of the product is determined by its condition, the current inventory, and its usual shelf life.
Image Credit: Fashionista/ Fashionphile