Reflaunt news and archive

Altuzarra Archive powered by Reflaunt

In partnership with resale platform Reflaunt, luxury fashion brand Altuzarra is proud to announce the launch of the brand’s own online resale offering: Altuzarra Archive. The launch of Altuzarra Archive represents a significant push toward a sustainable and circular business model for the New York-based brand, while simultaneously granting...

Retail

Reflaunt enters Middle East luxury resale market with Chalhoub Group partnership

As the environmental landscape and regulations dictate an acceleration on the shift towards circular models, with heightened expectations for fashion brands to facilitate a second life for products they put in the market, resale solution provider Reflaunt is scaling up its global operations and partnerships with leading luxury brands. In the...

Fashion

Yoox Net-a-Porter expands resale to additional markets

Net-a-Porter, Mr Porter and The Outnet have confirmed that they are expanding their resale offering to additional markets, as part of its continued collaboration with start-up Reflaunt to “reduce waste by keeping luxury fashion in circulation for longer”. In a statement, Yoox Net-a-Porter said that customers in Italy and France will be able to...

Fashion

Balenciaga launches resale service with Reflaunt

Balenciaga has partnered with Reflaunt on a re-sell programme of its pre-owned clothing and accessories. The service is currently available to customers in the United States, United Kingdom, France, Italy and Singapore, with more expected to be rolled out. After a successful Trial, Balenciaga allows users to resell their Balenciaga items via new...

BusinessFeatured

Resale tech solution Reflaunt secures 11 million US dollars in funding

Reflaunt, the resale technology solution used by Balenciaga and Net-A-Porter, has secured 11 million US dollars in a Series A funding round to accelerate the circular growth of the fashion industry. The funding round was led by Shanghai-based Ventech China, Global Blue and Bombyx Growth Fund, along with participation from early investors...

Fashion

Resale pioneer Reflaunt secures $11M in Series A from Ventech China, Global Blue and Bombyx to spearhead the circular growth of the fashion industry

24 August 2022. Resale technology pioneer Reflaunt announced a Series A funding round of $11 million led by Ventech China, Global Blue and Bombyx Growth Fund. Early investors such as Swarovski’s creative director Giovanna Battaglia, American retail conglomerate Madaluxe Group, Italian fashion group Piquadro and TLF Ventures also participated in...

Business

Axel Arigato to launch resell platform, Xchange

Swedish lifestyle brand Axel Arigato is set to launch its own brand-operated resale platform, entitled Xchange, in partnership with resale e-commerce developer Reflaunt. The new platform will allow Axel Arigato customers to purchase and sell pre-owned pieces, as part of the brand’s solution to extend product life cycles. Utilising Reflaunt’s...

Business

Reflaunt excites fashion brands and retailers with their accessible Resale-as-a-Service proposition

Today, vintage and resale are becoming an established and formal element of the fashion industry. A recent report indicated that resale has grown 21 times faster than traditional retail over the past three years. By 2023, the market is set to reach $51bn, growing at an annual projected rate of 16%. In 2020 the market beat those projections, with...

BusinessFeatured

YNAP links with Reflaunt for resale service

Italian luxury group Yoox Net-a-Porter (YNAP) is the latest fashion player to make a move in the second-hand fashion space through a tie-up with resale tech company Reflaunt. YNAP, which owns retailers Net-a-Porter, Mr Porter and The Outnet, said Friday it is launching its “most extensive resale pilot to date”, which will allow customers to sell...

People |Interview Featured

“Resell as a service”: Felix Winckler on the rise of Reflaunt and how it plans to change the industry

We have all considered selling a large part of our wardrobes, especially over the last year during long term lockdowns when the world collectively realised that we maybe didn’t need all these clothes after all. The second-hand market has seen a significant increase, growing 20 times faster than traditional retail according to resale management...

Business

The Untold Challenges of Secondhand fuelling Reflaunt’s Innovation

It’s Monday, 7am, and with a cup of freshly brewed coffee, I’ve gone back to the drawing board. I’ve listed my biggest challenges and hindrances to growing my 3-year-old marketplace, StyleTribute, a Southeast Asian pioneer in secondhand luxury. My whiteboard now reads: • How do we scale the supply of inventory and acquire new sellers? • How do...

Business

Transforming the fashion industry into a circular model: how are brands creating change?

It is no secret that environmental impact has become the priority for the fashion industry. While most of us know fast fashion and mass production are the key drivers of environmental issues (generating around 10% of global carbon dioxide emissions every year according to the Intergovernmental Panel on Climate Change ), consumers are still...