Phillip Lim is taking resale to the next level with the launch of “3.1 Archive.”
Sellers can choose if they want store credit or cash back — either 70 percent of the sale item in cash back or 100 percent in store credit. Items span some of the brand’s best-loved apparel, shoe and handbag styles.
The resale launch — in partnership with recommerce partner Archive — is a branded resale experience, as was the case of past launches with brands like M.M.LaFleur, Filippa K, Dagne Dover and, most recently, Oscar de la Renta. Back in January,handbag reseller Rebag has entered into the auction business.
Every week, Rebag will list more than 2,000 of its latest arrivals in two Rebag Auction cycles — which will run until Thursday. Rebag’s VIP rewards members, of course, enjoyed early access to a VIP Auction through Tuesday, where bidding was solely on their terms.What differentiates the Rebag auction is a wipe-out of any fees . Rebag is automating the process as well, allowing serious buyers to set a max bid and allow Rebag to bid in the background on their behalf.
The process is said to be frictionless, allowing customers to win an auction and then take care of their checkout as with the usual payment methods with Rebag. Collectible and iconic pieces from Hermès, Louis Vuitton, Chanel and more make their way into the auction. Jewelry, watches and accessories, including standouts like Van Cleef & Arpels Alhambra necklaces and Audemars Piguet Royal Oak timepieces, will also make their auction debut.