Ebay's Expansion Into Luxury Fashion Resale Market

Ebay's Expansion Into Luxury Fashion Resale Market

By
Santiago Antonopoulos
1 min read

Ebay is making a strategic move to capture a larger share of the growing secondhand luxury fashion market. It is expanding its consignment services, focusing on specific luxury fashion brands and offering an authenticity guarantee. The company provides larger commissions to consignment sellers and has the advantage of its massive scale and international reach. Ebay's competitive edge lies in its broad customer base and cross-category browsing, distinguishing it from rivals such as The RealReal and Thredup. With continued growth in its luxury business, Ebay is set to make a significant impact on the luxury fashion resale sector.

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