Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement Specialist” or “Handbag Authenticator” as the resale sector widens its crackdown on knockoffs. A quick web search finds job openings...
Pre-owned online shopping firm Fashionphile has raised $38.5 million in NewSpring Growth-led Series B funding. The infusion comes after the April 2019 minority investment of Neiman Marcus in the company, which is geared toward “ultra-luxury” handbags, high-end jewelry and timepieces, according to an announcement. “Over...
The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Retailers are increasingly turning their sights to resale commerce. The latest evidence for that came this earlier this week from the...
In an attempt to capitalize on a growing trend in retail involving the buying and selling of secondhand clothing and accessories, Neiman Marcus has acquired a minority stake in Fashionphile, an online company that sells pre-owned designer handbags and other similar products, according to a...
August 31, 2020
Pre-owned online shopping firm Fashionphile has raised $38.5 million in NewSpring Growth-led Series B funding. The infusion comes after the April 2019 minority investment of Neiman Marcus in the company, which is geared toward “ultra-luxury” handbags, high-end jewelry and timepieces, according to an announcement. “Over the past 20 years, we’ve developed the largest luxury inventory […]
April 17, 2019
In an attempt to capitalize on a growing trend in retail involving the buying and selling of secondhand clothing and accessories, Neiman Marcus has acquired a minority stake in Fashionphile,...
