Ahead of the sale, Seth Weisser talks to us about how it all began, and shares his predictions for the luxury vintage market. What set WGACA apart was our highly selective curation and keen understanding of the high-fashion market. As a business, we buy outright and directly invest in the products we believe in. This is quite different to most companies out there, and as a result many top-tier clients and collectors prefer to sell directly to us. A set of two: a limited-edition day-glo green monogram graffiti Neverfull GM, and a limited-edition day-glo green monogram graffiti Speedy 30, Louis Vuitton by Stephen Sprouse, Spring What is the difference between buying a new handbag and buying on the secondary market? Primarily, buying on the secondary market allows clients access to discontinued items that are no longer available from the brands themselves.
Chanel Is Suing What Goes Around Comes Around [UPDATED]
What Goes Around Comes Around Is Hiring A Sales Associate In NYC
District Court for the Southern District of New York responded to an existing dispute between the Paris-based luxury brand and the luxury reseller over discovery i. That process is straightforward enough. The interesting element is what the judge says falls within the potential pool of instances of questionable dealings by WGACA. The first point that the judge makes seems to mirror the stringent definition of counterfeit that Rolex uses.
I know that there are competitors in a number of specific fields, but in terms of a resale company, pre-owned, that is [curated] lifestyle, I just don't know who else there is. Of course, there are plenty of competitors which have popped up in recent years, bringing a boom in the resale market along with them: The RealReal , Vestiaire Collective, Poshmark, Depop, Rebag and Tradesy, just to name a small handful, with some already having raised investment capital in the tens of millions. But none have the experience of WGACA, which celebrated its 25th anniversary this year — and none, according to co-founders Gerard Maione and Seth Weisser, have their level of meticulous standards. It's not just that WGACA promises rigid authentication of all their products something some competitors offer as well or that they buy product from resellers up-front rather than consigning and paying them upon the purchase of their items another thing available elsewhere in the market , it's that they're able to predict the trends and buy the product their customer doesn't even know they want yet.