In celebration of New York Jewellery Week, eBay opened the doorways to the Luxurious Change pop-up that landed within the coronary heart of Diamond District. Addressing the surging value pattern within the designer items market, eBay affords luxurious lovers a chance to trade their lesser-loved items for different genuine luxurious gadgets that may higher swimsuit their assortment.
The pop-up might be open for 2 days solely (November sixteenth and seventeenth), when customers may have a chance to appraise their luxurious gadgets by the Authenticity Assure group to obtain an approximate worth of their merchandise (aka “closet forex”). Then, these curious about exchanging can store the shop’s stock of designer watches, purses, and jewellery. There’s additionally an choice to record a high-end merchandise on eBay proper on the pop-up, with the help of an on-premises picture studio and advisors.
The launch of the eBay vacation pop-up was impressed by a current BoF Insights and eBay-partnered investigation that concluded customers’ curiosity in a extra sustainable round vogue method. Based mostly on this analysis, 30% of luxurious customers think about high-end purses, watches, and jewellery much less unstable than different funding property. 57% of luxurious customers consider the worth of their authenticated luxurious equipment will recognize if the merchandise stays in wonderful situation.
The Luxurious Change mission is part of eBay’s Authenticity Assure program launched in 2020. This system displays second-hand customers’ mindset of investing in luxurious gadgets which have been bodily authenticated.
In line with BoF, greater than half of pre-loved luxurious items followers think about their designer items a type of forex that permits them to commerce in lesser-worn items for those who spark extra pleasure. Moreover, luxurious gadgets 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 Change welcomes gadgets 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.