In celebration of New York Jewellery Week, eBay opened the doorways to the Luxurious Trade pop-up that landed within the coronary heart of Diamond District. Addressing the surging value development within the designer items market, eBay provides luxurious fans a chance to trade their lesser-loved items for different genuine luxurious objects that may higher swimsuit their assortment.
The pop-up might be open for 2 days solely (November sixteenth and seventeenth), when buyers may have a chance to appraise their luxurious objects by the Authenticity Assure workforce to obtain an approximate worth of their merchandise (aka “closet foreign money”). Then, these concerned with exchanging can store the shop’s stock of designer watches, purses, and jewellery. There’s additionally an choice to listing a high-end merchandise on eBay proper on the pop-up, with the help of an on-premises photograph studio and advisors.
The launch of the eBay vacation pop-up was impressed by a current BoF Insights and eBay-partnered investigation that concluded buyers’ curiosity in a extra sustainable round trend method. Based mostly on this analysis, 30% of luxurious buyers think about high-end purses, watches, and jewellery much less unstable than different funding property. 57% of luxurious buyers consider the worth of their authenticated luxurious equipment will admire if the merchandise stays in wonderful situation.
The Luxurious Trade undertaking is part of eBay’s Authenticity Assure program launched in 2020. This system displays second-hand buyers’ mindset of investing in luxurious objects which were bodily authenticated.
In accordance with BoF, greater than half of pre-loved luxurious items followers think about their designer items a type of foreign money that enables them to commerce in lesser-worn items for those who spark extra pleasure. Moreover, luxurious objects are considered as an funding that might get a better return on funding than different classes of merchandise. Based mostly on the BoF information, 62% of luxurious shoppers actively itemizing on resale platforms have offered at the least one high-end accent for greater than the unique value they paid.
The eBay Luxurious Trade welcomes objects from the next manufacturers to carry for authentication and trade:
- Jewellery: Bvlgari, Tiffany & Co., Cartier, Van Cleef & Arpels, and David Yurman (value vary: $500-$10,000).
- Purses: Louis Vuitton, Chanel, Dior, Givenchy, Fendi, Loewe, Prada, Gucci, YSL, Goyard, Bottega Veneta, Chloe, Celine, and Balenciaga (value vary: $500-$10,000).
- Watches: Rolex, Breitling, Cartier, Omega, Patek Philippe, Tag Heuer, A.Lange & Sohne, Audemars Piguet, and Blancpain (value vary: $2,000-$10,000).
The pop-up might be open to the general public for 2 days solely: November sixteenth and seventeenth (from 11 am to six pm). No RSVP is required to attend an NYC-based pop-up positioned at 22 West forty seventh Road, New York, NY.
