Rebag partners with famed auction house
Rebag is participating in a high-profile online auction.
The luxury resale retailer is part of an exclusive auction offering with Christie's. Rebag's curated selection will be part of Christie's “Handbags Online: The New York Edit” during Luxury Week, an online-only sale open for bidding through June 12th, 2023.
The collection of handbags, selected by Rebag, will feature an assortment of "highly coveted" limited edition pieces. savings. The pièce de résistance: an Hermès Perspective Cavalière Kellywood 22 (estimate: $170,000 to $220,000), which is considered one of the rarest luxury handbags in the world.
Other designers featured in the collection include Chanel, Louis Vuitton, Fendi, and Christian Dior.
"We are thrilled to be partnering with the iconic Christie's auction house to offer an exclusive, unparalleled assortment of rare and highly-coveted handbags," said Charles Gorra, founder and CEO of Rebag. "Collectors will relish the opportunity to secure the most exceptional pieces in our expertly-vetted inventory, particularly rare and limited edition designer styles."
Rebag opens up new offerings
In the past year, Rebag has launched an array of new features and services. In addition to the Rebag Rewards program, these include a service called Auction. Every week, Rebag lists over 2,000 new items in two Rebag Auction cycles.
In addition, the Rebag Trade feature, which is an extension of the Rebag Clair artificial intelligence (AI)-based pricing tool, allows customers to buy and sell items in a single, combined transaction. Other notable moves by Rebag include a partnership with Moda Operandi, featuring a digital trunkshow giving Rebag customers exclusive access to more than 115 styles.
And in December 2022, the company introduced Rebag Wallet, a tool that centralizes seller payouts, known as Seller Funds, as well as any additional Rebag proceeds. The company is also launching Premium Payouts, a new offering designed to reward sellers who keep Seller Funds in their Rebag Wallets for one or more months.
Once Rebag fully processes a seller transaction, Seller Funds, along with any available credit or rewards points, will be stored in a new section of a user's online account called Wallet. By looking in their Wallet, users can determine the dollar amount available to be put towards a purchase.