The company has experienced a 4x growth of new categories such as fine jewelry and watches since the company's category expansion in 2020, tripled sourcing due to the launch of Clair AI and Clair Trade and has seen one in five buyers simultaneously trade items to Rebag following the recent Clair Trade launch. Not only did the most affluent customers stop spending, but so did aspirational shoppers those who scrimp in other areas in order to plunk down the necessary dough to score a high-ticket item. Rebag raised a total of $101.3 M in funding over 7 rounds. Although it is good to have a cash positive balance sheet when it comes to carrying inventory, a challenge in turning over that inventory comes from carrying classic, pricey pieces think Hermes Birkin bag, one of which sold for $70,000 recently on Rebag, or a Gucci double-G belt. Return policy:**************************************************************************************************************, How to get a quote for your item:******************************************. The Rockstud Leather Messenger Bag comes with some accessories including a dust bag and a detachable strap in Fair Condition, with minor wear on the exterior and interior, cracking on the open trim and wax edges, as well as scratches on the hardware. We've reviewed your claim. You can use the Rebag app to request a quote. We're very financially sound.. Gorra is bullish on Rebags expansion. Then it's a bit of lifes coincidences that I met Jenn and Jenny, and they got me into the [world of circular fashion]. Domestic Shipping Information What is Rebag's Return Policy? Rebag cannot accept international returns. As the customer I shouldn't have to wait 3 extra weeks for my refund due to customer service team not doing their jobs in a timely manner and providing *** with the necessary documentation. 10 days have gone by with no email or response as Ive tried to contact that chat number of times. Press. 400 S Baldwin Avenue, Level 1, Suite A-17, Arcadia, CA, 91007, 701 S Miami Avenue, Level 3, Suite 314-A, Miami, FL, 33131, 12801 W Sunrise Blvd, Suite #333, Sunrise, FL, 33323, 185 Greenwich St, Oculus Balcony, Suite 29, New York, NY, 10007, *Percentage of original purchase price includes discounts and promotions, but excludes shipping and taxes, 400 S Baldwin Avenue, Level 1, Suite A-17, 185 Greenwich St, Oculus Balcony, Suite 29. Rothschild & Co worked in collaboration with Rebag on this round. Hi there,I sold a bag to rebag and get **** usd payment in rebag wallet in 04/12/2023 ORDER#******. When you return Rebag designer bags in less than a year, you receive a credit for 70-80% of the original purchase price. The vetting and payment process will be completed in less than 60 minutes. I purchased a Bvlgari B.Zero 1 gold ring from Rebag in April 2022. Rebag sells authentic second-hand bags from the most sought-after brands. A third party authenticators determined it to be inauthentic, and their team is much more experienced than rebag, and thats not a secret. Email us at reviews@businessinsider.com. (Some of those stores are just beginning to reopen; but plans for 30 new stores have been shelved). In the last 12 months, Rebag has maintained its high growth trajectory. This is my first time selling with this company. I say go for it! People love luxury handbags, but for many, the price is a huge obstacle. To begin with, the customer must make a written request to [emailprotected] within 7 business days of delivery. . I have contacted support 4 times now and have been told each time there is a delay and they have no further updates. If Rebag stands behind its authentication process, they would honor a long time customers return request over concerns about a bags authenticity. I looked into promotions & discounts and was delighted to find that if you sign up, you are eligible to receive $200 off of your first Rebag purchase. "Since the company's inception, our vision has been to fuel the circular economy and create further transparency in the resale market," says Charles Gorra, Founder and CEO of Rebag. The company operates online and in stores, with locations in Los Angeles, New York, and Miami. You can purchase syndication rights to this story here. The fact that they said that its authentic doesnt mean anything as another party has proved it to be inauthentic. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. Only to call *** on March 1st to find out Rebag had not provided the requested paperwork from Feb 7th. Thats because while the brand has some stiff competition from the likes of other luxury resellers like The Real Real, ThredUp, Poshmark, and others that exclusively deal in handbags and accessories like Bag Borrow or Steal, it has an edge. Why have I not been given any updates? Ready to sell or trade your items? Disculpa To stay on top of all the news impacting your small business, go here for all of our latest small business news and updates. los inconvenientes que esto te pueda causar. You purchased this item back on November of 2022. Business Development Director, VIP Services, Business Development Director, International B2B Lead, Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. However, before making any business decision, you should consult a professional who can advise you based on your individual situation. Rebag Mar 2022 - Present1 year 2 months Performed monthly account analysis and monthly closing for P&L, Balance Sheet, Cash Flow, Trail Balance and consolidate financials Assisted monthly sales. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail BBB Business Profiles generally cover a three-year reporting period. If I do not receive my payment for this highly valuable bag by EOD tomorrow, April 25th, I will involve my lawyer for lethal action. Rebag Roosevelt Field is located at 630 Old Country Road, Garden City, NY 11530 on the upper level, open Monday through Saturday from 10:00AM to 9:30PM and Sunday from 11:00AM to 7:00PM. We welcome your feedback. Everything that you need to know to start your own business. Unfortunately we are not able to track a single label that didn't have a package nor it made to the actual *** terminal. You can also call the team at their New York office: 1-844-373-7723. However, they offered to buy it back for half the price that I paid. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Founded in 2014 by a team out of Harvard Business School, Rebag is backed by prestigious venture capital investors including General Catalyst, Novator, Crosslink, and FJLabs, and has raised $68m in funding to date. scusiamo se questo pu causarti degli inconvenienti. When one thousand dollars can pay your rent and then some, it can seem excessive to drop that money on a single purse. NOW WATCH: This giant clip makes it easy to carry heavy bags, Millennials contributed to an 85% surge in the sector, Learn more about how our team of experts tests and reviews products at Insider here. Its available at the Miami store in midtown. Its still classified as in Very Good Condition. Best of all, you get to keep 100% of the quoted price once you send the bag in to be resold. I cant believe they would operate business lie through their teeth!! Get the full list, Morningstar Institutional Equity Research. Active, Closed, Last funding round type (e.g. It could be reducing fashion waste, he said. I would love to have this versatile piece on my arm with a white dress and heels or laid back jeans, boots and a tee. This has been processed and ACH went through this morning. You play a major role in how our customers feel when they leave the store. Plus, I love storing my computer in a messenger bag instead of trying to fit it into a regular purse. Around mid-April when we did this 15% promotion, it was our biggest week ever. Be sure to follow us on LinkedIn! There's no commission, there [are] no tricks, Gorra underscored. On 2/9/23, I purchased a Bottega Veneta bag from Rebag for $2,524.50. Could you help me with it? enviando un correo electrnico a For any further questions, please make read our terms of service (***************************************). I sent my perfect New Jennifer bags in then got returned without the belt !!! So, its pretty significant given the current environment, he said. This shade pairs really well with outfits in white, navy, beige, camel, and even with bold amethyst or fuschia. Rebag Launches the Rebag Outlet | Markets Insider Although its small, Bain predicts the secondhand market will continue to grow far faster than the overall luxury market in the years ahead. las molestias. We're not profitable, but we're pretty close, Gorra said. Rebag boasts a seriously exclusive designer list that includes: Rebag ships internationally! Users can simply scan a bag using the Rebag app or upload an image to receive the bag's brand and model, along with an offer that Rebag will pay for it today, Clair Trade - The first software powered instant trade-in program for the luxury resale industry. For this Rebag purses review I looked into medium-sized purses in a variety of styles including larger backpacks, bowlers, buckets, shoulder bags, cross body bags, satchels and totes. message, contactez-nous l'adresse Rebag headquarters are located in 575 Madison Ave, New York City, New York, 10022, United States, Rebags main industries are: Apparel & Accessories Retail, Retail, Rebag appears in search results as Rebag, Rebag Bar, Rebag Madison Avenue. verdade. This item was marked as Final Outlet Sale at both the listing and checkout (see attached - marked in red font). "This latest round of funding will allow us to further develop our technology and launch features that democratize access to information and create an ecosystem that benefits consumers and retailers alike.". Our mission is to help you make better, more informed purchase decisions. Rebag Company Profile - Office Locations, Competitors, Revenue - Craft Rebag has been featured in the New York Times, Business of Fashion, VOGUE, TechCrunch and more. On an average budget, though, luxury bags might be out of the question. Other models of the Neverfull Monogram Tote are available in Great Condition for $1490 and $1580. The leather is softer, the structure sturdier, and many of the designs iconic. Others require that sellers submit multiple photos of an item to vet its authenticity. For many customers, their Rebag purses were their absolute favorites and these happy buyers thought the customer service was terrific. Theres also scratches and tarnish on the hardware. Options. With a special focus on the varying needs of our customers, our goal. Rebag Authenticity What are the store policies during COVID-19 for customers and employees? In March 2023 I decided to sell it to Fashionphile. I have reached out via email to Rebag CS three times, receiving only one generic response reiterating their outlet policy and not addressing Yoogis assessment. That's why it's so important to smile, greet, and thank every customer. Once Rebag has received the return, you will get a refund to your original payment method within 10-15 business days. ein Mensch und keine Maschine sind. Theres also splitting and cracking on the strap wax edges and scratches on the hardware. Find company research, competitor information, contact details & financial data for Rebag of Miami, FL. Investment funds will be used to further build upon technical tools Rebag has developed including the Clair Technology Suite which is designed to bring transparency to the luxury resale industry. E-commerce was still 80% of its business at the beginning of March when quarantines were put in place in many cities. "We have been impressed by the quality and consistency of the execution from the Rebag team", says Birgir Ragnarsson, Managing Partner of Novator. The condition of the piece is properly described and this item was properly inspected and met our Authentication standards. enva un correo electrnico a Rebag Releases its first Clair Report, a consumer resource that covers Shipment fees will not be refunded. Rebag has carved out a unique approach that will facilitate its massive scaling". That is its proprietary software called Clair (which stands for Comprehensive Luxury Appraisal Index), which allows consumers to generate a highly accurate price quote for their goods instantly online. Ive investigated where to buy these luxury pieces in this Rebag purses review and created a list for easy access: So. You have more designer resell options. This practical, stylish Vintage Bamboo Suede Mini Backpack costs $535 with an estimated retail value of $1,295. , Contributor, amid consumers healthy appetite for sustainable, eco-conscious resale goods, 11 Entrepreneurs Reveal the Tech Tools They Can't Live Without, Doing Business As: What It Means to Register a DBA, Understanding the IPO Process and How It Works, 10+ Resources and Funding Opportunities for AAPI-Owned Businesses, Media This is the same response I received from the business and I do not agree with it. After careful inspection it does not meet our authentication standards therefore we had to refuse it. The company's platform and stores offer curated and pre-owned luxury handbags and clutch bags through its online shopping portal as well as outlets, enabling women to sell their used designer handbags. Founded by Charles Gorra, what makes Rebag unique is the ability to sell your designer goods and receive upfront payment. Rebags sales are up more than 50% year to date versus last year. At first glance, Charles Gorra, the founder of Rebag, appears to be a bit of an entrepreneurial contradiction. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie That's when you turn to Rebag, a site that lets you buy and sell authentic designer handbags. Lydia Dishman You must agree to abide by the following terms in order to use the Rebag Services and/or the Rebag Websites. If you want to learn more beyond this Rebag purses review, you can write a request to the customer service team on Rebag.com by clicking chat at the bottom right of the screen from Monday to Friday 9 AM-7 PM. The fact that they want to buy it back for half the price is not fair, because this way they dont have to deal with the problems caused by selling counterfeit item and they would still be making money out of it. It also echoes the offline expansion of other digitally native resale and rental platforms like The RealReal and Rent the Runway. When you stumble upon a bag you love, you'll a great deal of information on everything from the model to the condition it's in, so you won't be surprised by any unexpected scratches or wear and tear. But we stand by the authenticity of the piece offered you a quote to purchase it from you based on the current rate and condition of the item. She specializes in women's lifestyle, but loves to learn about any and all products that add value and excitement to our everyday lives. At the end of the day, the bags you'll find on Rebag are by no means cheap they're still very expensive. Rebag NYC - Soho 390 W Broadway, New York, NY, 10012 Monday: 10AM - 6PM Tuesday: 10AM - 6PM Wednesday: 10AM - 6PM Thursday: 10AM - 6PM Friday: 10AM - 6PM Saturday: 10AM - 6PM Sunday: 12PM - 6PM See Inventory Rebag NYC - Westfield World Trade Center 185 Greenwich St, Oculus Balcony, Suite 29, New York, NY, 10007 Its a great piece for a beautifully dressed Rebag woman on the go. Rebag grew from a broader interest in how you leverage technology to reduce waste across industries, Gorra said. Practical and real-world advice on how to run your business from managing employees to keeping the books. Founded by Charles Gorra, what makes Rebag unique is that for the first time in the industry, it is possible to sell your designer goods and receive . Our return policy allows you to return the item within 7 days of delivery. View contacts for Rebag to access new leads and connect with decision-makers. This must be supported by the tracking number. On the night of February 16, 2023 I placed a purchase for a trade with Rebag. Since 2014, the digitally native company has opened retail locations in New York, Los Angeles, Greenwich and Miami. For all orders of or above $500, shipping is free and for orders below $500, shipping is $20. More information on Rebag is accessible through its mobile app and on rebag.com. NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Rebag, the authority for buying, selling and trading luxury, announces $33 million in a Series E funding round, led by private . BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. Rebag Wallet Buying from Rebag Selling to Rebag Trade Rebag Rewards Rebag Gift Cards Retail Locations How do I contact Rebag? In 2017 alone, Millennials contributed to an 85% surge in the sector. Keep in mind. Please help us protect Glassdoor by verifying that you're a About Rebag:Rebag, the authority on buying, selling and trading luxury goods, is currently one of the fastest growing retailers in the US and has established itself as a leader in the luxury re-commerce space. This is theft. Because it's well-organized, well-presented, and well-curated Rebag is sure to make any hangbag aficionado swoon. Domestic orders take 7-10 business days to arrive after the order date. If you buy any Rebag bag online or offline, you can resell within three months and get 80% of the purchase price back. They did a thorough inspection of the ring using their multi step authentication process, and found many discrepancies with the authentic item. Many Rebag customers said that their bags exceeded their expectations. They should not be in business. All domestic packages are shipped with UPS and confirmation through signature is required. We operate independently from our advertising sales team. Just how valuable is that luxury bag? This app can tell you instantly The Rebag sold me a Fake ring and they should take it back regardless of the time when it was purchased. After several days, I contacted customer service again. The problem is a lot of businesses have somehow used that opacity to their advantage, and we're doing the exact opposite. 04/17/2023. These roomy purses are great for having sleepovers at the bfs house, working at a cafe, and or taking on a weekend trip. Was hoping for a discount on purses smh. The estimated retail price of this purse is $1,995 marked down significantly and offered for $1,360. After receiving my cash down payment I noticed that I received a side credit for my two handbags instead of having them returned as originally requested. At $780 with an estimated retail price of $2,495, this is another piece offering significant savings. Win whats next. Nothing in Rebags description of the bag detailed this defect. extruded film products. Full-Time. I was told I would receive payment in 2-3 business days. Despite the complexity of the business and the potential impact of a further economic downturn, Gorra insisted, We feel like now we are pretty fluent in this sector and we're definitely looking at adjacent opportunities.. 150,000 sf of Plastic Bag ManufacturingFrom Houston toLos Angeles, "Made in Corona" Watch the Mayor's visit to Republic Bag, 20 Silos of Plastic PelletsNon-stop Plastic Bag Production. The announcement follows the release of the company's 2021 Clair Report, a consumer resource covering seismic shifts within the luxury resale market pertaining to retained brand value, pricing trends, and significant changes in overall brand ranking. Lipstick, phone, wallet, hand cream, and Im good to go. Founded by Charles Gorra, what makes Rebag unique is the ability to sell your designer goods and receive upfront payment. Please let us know if you are able to find the receipt from the *** store from when you brought the package to them. Si continas viendo este mensaje, How is this an authentic Bottega Veneta bag with it missing a key tag that is in all Bottega bags? Rebags internal analysis estimates that only one out of 10 owners of luxury merchandise are currently reselling their goods. I submitted a return request, but was informed by Rebag that the bag was an outlet item and not eligible for return. Well guide you through the process. Founded by Charles Gorra, what makes Rebag unique is that for the first time in the industry, it is possible to sell your designer goods and receive instant payment. Website: www.rebag.com Headquarters: New York, NY Size: 1 to 50 Employees Type: Company - Private Revenue: Unknown / Non-Applicable Competitors: Unknown What are your colleagues talking about? Your ability to be accurate and focus on the details . NEW YORK, Aug. 31, 2021 /PRNewswire/ -- On Tuesday, August 31, Rebag, the authority for buying, selling, and trading luxury will launch the Rebag Outlet, a selection of off-price designer items. Learn more about the benefits of small business membership in the U.S. Chamber of Commerce, here. The City Giant Studs Leather Bag from Balenciaga has such an interesting aesthetic, and since its a dark neutral, it can match with many outfits. Even though its referred to as mini, it still offers a decent amount of storage. 27% of employees would recommend working at Rebag to a friend and 25% have a positive outlook for the business. Rebag Reviews: What Is It Like to Work At Rebag? | Glassdoor Customer Reviews are not used in the calculation of BBB Rating. Rebag | LinkedIn No other reputable consignment company I have done business with has any kind of outlet sale shop nor would they deny a return request if an items authenticity is in question. Since 2014, the digitally native com pany has opened retail locations in New York, Los Angeles, Greenwich and Miami. The brands expansion into accessories follows Rebags $15 million Series D funding, which was sealed at the height of the COVID-19 pandemic in May, bringing the companys total funding to $68 million. By reselling its luxury handbags anywhere from 40% to 70% off their original retail price, Rebag aimed to tap into a small but lucrative part of the overall $316 billion global luxury market, which has grown 10% per year since 2015 and reached $29.2 billion in 2019, according to Bain estimates. Then in the same . 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. All the salesperson did was ask for my order #, made me sign an electronic form and took my bag. The luxury resale platform's latest round will be used to accelerate growth and expand its tech-enabled resale business. The City Giant Studs Leather Bag is classified as being in Good Condition. Rebag - Crunchbase Company Profile & Funding Rebag, a startup that buys and sells luxury goods, has just launched a free app called Clair AI that allows you to take a photo of a handbagwhether in your own closet, at a store, or even. I keep calling customer service for the last month or so Ive been calling customer service excuse me the last three weeks or so Ive been calling customer service with no real resolution they keep telling me to three business days sometimes 3 to 5 business days and no one is resolving the matter I would like the Better Business Bureau to intervene. Rebag Expands Retail Presence with Roosevelt Field Long Island Store Rebag simplified the authentication process a critical step for the buying and selling of secondhand luxury goods by removing the multiple steps it takes to get a quote when it launched Clair this year. We are sorry for the inconvenience. There is a small mark on the flap side wax edge and discoloration and scuffs on the rear, along with minor wear on the interior and scratches on the hardware. Now, with the pandemic and attendant economic fallout, consumers are turning to sites like Rebag even more, according to luxury expert Pam Danziger, founder and president of Unity Marketing.
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