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More about Tradesy
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Tradesy operates as an online marketplace specializing in the buying and selling of pre-owned luxury fashion items. Catering to fashion-conscious consumers, Tradesy offers a platform where users can purchase designer bags, shoes, clothing, and accessories at significantly reduced prices, often up to 70% off retail. The business model revolves around facilitating transactions between sellers and buyers, providing a seamless experience with features like hassle-free returns and a comprehensive shipping kit. Tradesy generates revenue by taking a commission on each sale made through its platform. The company targets individuals looking to both declutter their closets and acquire high-end fashion pieces at a fraction of the cost. By offering data-backed pricing suggestions, Tradesy ensures that sellers can price their items competitively, enhancing the likelihood of a quick sale. The market it operates in is the luxury resale sector, which has been growing as consumers increasingly seek sustainable and cost-effective fashion options. Keywords: luxury, resale, marketplace, fashion, designer, pre-owned, commission, shipping, pricing, consumers.

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Investments by Tradesy

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ACQUISITION by Tradesy Nov 2015