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Learn How To Be A Fashion Broker With Vestiaire Collective's Resale IndexNEW YORK, Oct. 25, 2016 /PRNewswire/ -- VestiaireCollective.com, Europe's leading trusted social site for the resale of designer and premium fashion, announces the launch of a comprehensive Fashion Resale Index revealing the average resale value across a number of key luxury product categories such as handbags and footwear. In conjunction with the Resale Index, Vestiaire Collective also launches an easy-to-use online Resale Calculator, allowing customers to generate the resale price bracket of an item before selling it to maximize their fashion budget each season. A Vestiaire Collective survey conducted in 2015 in collaboration with IPSOS revealed the start of a new emerging consumer behavior, with 5% of participants already considering the resale value of fashion items before making a purchase. Much like other high value commodities such as cars and art, the increasing popularity of designer resale sites has allowed fashion consumers to consider their purchases as potential investments. Progressively, across a number of consumer markets, people are moving away from the idea of long-term possession in favor of short-term usage. After analyzing 5 years' worth of company data mapping the behavior and trends of the fashion resale market, Vestiaire Collective developed three product charts showing key movements and activity within the industry that impacted the resale value of a product area or brand, allowing fashion consumers to be able toread the fashion market in a similar way to brokers reading the stock exchange. RESALE INDEX TIPS ON HOW TO BE A FASHION BROKER:
Resale Calculator: http://www.vestiairecollective.com/price-calculator-second-hand Fashion Quiz: http://www.vestiairecollective.com/fashionquiz/ For press inquires please contact: [email protected] NOTES TO EDITOR: About VestiaireCollective.com VestiaireCollective.com is Europe's leading trusted online resale site for designer and premium fashion, with over 5 million members across 47 countries worldwide. Over 25,000 items are submitted to VestiaireCollective.com's team of experts every week, with 3000 new items becoming available on its site every day, making Vestiaire Collective the premiere destination for a unique shopping experience. Photo - http://photos.prnewswire.com/prnh/20161025/432299
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/learn-how-to-be-a-fashion-broker-with-vestiaire-collectives-resale-index-300350802.html SOURCE Vestiaire Collective |