Rebag, the Concept of the Month

Publication

18 March 2019 à 09h52

Updated on 10 May 2019 à 16h14

Reading time

2 minutes

Publication: 18 March 2019 à 09h52, Updated on 10 May 2019 à 16h14

Reading time: 2 minutes

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Publication

18 March 2019 à 09h52

Updated on 10 May 2019 à 16h14

Reading time

2 minutes

Publication: 18 March 2019 à 09h52, Updated on 10 May 2019 à 16h14

Reading time: 2 minutes

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Rebag, which sells used luxury designer handbags online and via 4 U.S. stores, is doing very well. Revenue has tripled in 24 months. The private company secured US$25 million in funding, so the company now has US$52 million in financial backing from investment firms such as FJ Labs and Novator. The market for resale of pre-owned goods is predicted to grow rapidly. According to a 2018 report released by the resales site ‘ThredUp’, the size of the consignment market will more than double in the

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