The economic downturn in 2008 changed many things. One of those things was the booming designer clothing and accessories industry. Today, there are not as many people who can afford to live a luxurious lifestyle. The idea of shopping in resale and thrift shops is now a way of life for many. Once upon a time it was considered “not so cool” to shop second hand. Experts say the resale business has grown seven percent in the last couple of years. Estimates show there are more than 25,000 resale, consignment, and thrift shops. In addition, these stores are making over a million dollars a year.
Many resale shop owners have more than one store. One store may sell furniture and decor items. On the other hand, another sells children clothing. Indeed, many shops are dedicated to selling designer items. Imagine finding second hand Louis Vuitton Handbags in New York City. It is not so hard to believe if one visits A Second Chance Designer Resale Boutique. Their merchandise comes from the top designers. Further, they have an online shop for people who cannot make it to New York City.
The store gets its stock from potential consignors. Interested persons make an appointment and bring their items in. If the store is interested, they get a check in a day or two. Individuals who cannot make the trip can send a picture of their goods via email. If the transaction is on-line, potential consignors must write when the item was bought and its condition. The store pays for shipping of things they want to buy.
The store is particularly interested in Chanel, Hermes and Louis Vuitton Handbags in New York City. Luxury resale shops generally operate on a commission basis:
1. Merchandise priced up to $999-the consignor gets half of the selling price
2. Merchandise priced from $1000 to $3499-the consignor gets 60% of the selling price
3. Merchandise priced $3500 and above-consignor receives 70% of the selling price
If you love the designer merchandise, visit the store’s website and look at all the gorgeous merchandise. They sell everything from Hermes bags to Chanel jewelry. They also sell clothes and other accessories.
