Handbags at the ready: eBay UK teams with Luxe Collective for launch of Luxury Consignment service
eBay UK has launched a new consignment service for luxury items, giving users access to expert sellers who will list and sell their items on their behalf.
To power the service, eBay has partnered with Luxe Collective.
Launching initially for designer handbags, eBay can now help consumers to list and sell their new and pre-owned handbags from top brands across all price points including Chanel, Hermès, and Louis Vuitton.
From its launch in the US, items sold through eBay consignment are seeing significantly higher final sale prices, than those listed traditionally on eBay. For example, a small quilted Chanel 19 flap bag sold for over 45% more than the average sales price for similar bags on the marketplace.
eBay and Luxe Collective handle every component once they receive the item – from photography to pricing.
How eBay Consignment works
The user fills out the consignment intake form by answering a few questions.
Upon submission of the form, a prepaid, insured shipping label is provided.
eBay and the consignment partner, Luxe Collective, handle the item’s photography, pricing, and listing.
Once the item sells, the user and Luxe Collective receive the proceeds from the sale, with the user receiving a majority percentage based on the item's selling price.
Mari Corella, General Manager of Luxury and Sneakers at eBay, says: “As consumer interest in shopping for pre-loved luxury continues to grow in popularity, eBay is evolving to ensure it is at the forefront to provide shoppers with the best service.”
“Consignment follows our already popular Authenticity Guarantee service that vets and verifies luxury goods, as we continue to enable customers to buy and sell on the platform with ease and peace of mind.”
Ben Gallagher, Co-Founder at Luxe Collective, says: “Luxe Collective has long been dedicated to delivering pre-loved luxury at an accessible price point on eBay. Partnering with eBay UK on its new Consignment service is a great moment for us as it will encourage more sellers to join eBay’s global community, bringing even more luxury pieces to the platform ready for shoppers to find their dream pieces.”
eBay Consignment comes on the heels of Authenticity Guarantee’s expansion to pearl jewellery and the marketplace’s acquisition of Certilogo, an AI powered authentication provider.
2024 RTIH INNOVATION AWARDS
Online retail is a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.
The awards, sponsored by CADS, 3D Cloud, Retail Technology Show 2025, and Business France, celebrate global tech innovation in a fast moving omnichannel world.
It’s free to enter and you can do so across multiple categories.
Key 2024 dates
Friday, 25th October: Award entry deadline
Tuesday, 29th October: 2024 shortlist revealed
30th October-6th November: Judging days
Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.
Continue reading…