THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail Marketplace Strategy 2023
Omni Channel Futures 2023
Retail HR Central
Digital Transformation Strategy 2023
Customer Engagement Strategy 2023
Retail HR 2023
THE Retail Conference 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
eBay opens store that accepts pre-owned luxury items as currency

eBay has opened a store called Luxury Exchange that accepts pre-owned luxury items as currency. Open during Jewellery Week in the heart of New York’s Diamond… View Article

FASHION

eBay opens store that accepts pre-owned luxury items as currency

eBay has opened a store called Luxury Exchange that accepts pre-owned luxury items as currency.

Open during Jewellery Week in the heart of New York’s Diamond District, the store enables shoppers to exchange jewellery, handbags and watches from top brands like Gucci, Rolex and Van Cleef & Arpel.

When entering the store, shoppers have their luxury items appraised and assigned a value with which they can shop the store’s inventory of designer watches, handbags and jewellery. Once shoppers find items within their “currency,” they can make the exchange and walk out of the store with their new luxury goods.

However, if nothing catches their eye, they can visit an on-site photo studio and opt to list on eBay themselves instead of exchanging.

Tirath Kamdar, GM of luxury at eBay, said: “It’s never been easier for luxury enthusiasts to refine their collections in a trusted environment, and we wanted to create an IRL experience that reflects what’s happening on eBay every day. The Luxury Exchange gives shoppers an opportunity to appraise and sell their valuable goods and add something new to their personal collections – just in time for the holiday season.”

The Luxury Exchange follows an expansion of eBay’s Authenticity Guarantee to jewellery. The marketplace launched the guarantee in 2020, which also covers sneakers, watches, handbags and trading cards.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News