Resale taps into the treasure- and bargain-hunting penchant that also drives off-price retail, and like off-price, the market is proving to be both popular and enduring.
Rebag joins The RealReal in confining itself to the luxury side, though it also offers a more limited range of merchandise. In a statement on Thursday, Rebag founder and CEO Charles Gorra suggested that Rebag will ultimately provide the last word in what a high-end item is worth, predicated on intel furnished by its tech prowess.