eBay Introduces Limited-Time Consignment Concierge

Rhea-AI Summary

eBay (EBAY) introduces the Luxe Line, a mobile consignment concierge, offering sellers a physical place to consign luxury accessories and shoppers the opportunity to browse and buy new pieces. The Luxe Line bus will visit multiple West Coast locations, with fashion designer Jenna Lyons consigning items from her iconic closet. eBay's consignment service aims to simplify the selling process for luxury items, ensuring trust and quality in a seamless resale shopping experience.

Positive

• eBay's Luxe Line provides a unique and convenient opportunity for sellers to consign luxury items and for buyers to shop for luxury accessories in a physical location, enhancing the overall eBay consignment service.
• The Luxe Line features a curated collection from fashion designer Jenna Lyons' closet, offering shoppers the chance to browse and buy items from well-known luxury brands like Prada, Louis Vuitton, and Gucci.
• eBay's expansion into the consignment space and its focus on the fashion category, including investments in authenticity guarantee and AI-powered authentication, demonstrate the company's commitment to providing a seamless and trustworthy experience for both sellers and buyers.

Negative

• The estimated 1 trillion dollars of luxury goods reportedly sitting in people's closets highlights the potential challenges of selling pre-owned items, including high commission fees and complicated listing processes, which eBay's consignment service aims to address.
• The limited availability of the Luxe Line to West Coast locations may limit the reach of the service to a wider audience of sellers and buyers.
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The "Luxe Line" bus will visit multiple West Coast locations, where shoppers can consign luxury items and browse for new pieces for their collections

Fashion designer Jenna Lyons will consign items from her iconic closet

SAN JOSE, Calif., Dec. 12, 2023 /PRNewswire/ -- eBay is rolling out a mobile consignment concierge, mirroring the convenient and seamless selling experience offered on the marketplace. The Luxe Line – a branded bus offering people a physical place to sell their luxury accessories, as well as shop for new ones – demonstrates the simplicity of the platform's recently launched eBay consignment service. Visitors in Los Angeles and Las Vegas will have direct access to expert sellers who list and sell their luxury items on their behalf.

Luxe Line visitors can bring their designer handbags – eligible brands include Prada, Louis Vuitton, Gucci, and more – to have them appraised, photographed, and consigned, all handled by eBay's team of selling experts. Visitors are also invited to shop a curated selection of handbags, watches, and jewelry from top eBay luxury sellers. Luxe Line inventory includes items from Jenna Lyons, Founder and CEO of LoveSeen, designer and longtime eBay shopper. Jenna is consigning a curated collection from her closet – including a Celine Red Leather Luggage Handbag, a Louis Vuitton Black Epi Leather Keepall, and a Miu Miu 2-way Boston Bag – all available to browse and buy.

"My closet is bursting with the collection of handbags I've amassed over the past 20 years, and eBay's consignment service has made it easy to give these bags new life in someone else's collection," said designer Jenna Lyons. "eBay's Luxe Line will feature some special finds from over the years, including a red Celine Luggage Tote. My very first Phoebe Philo purchase, the bag was well loved and now she's ready for her next chapter!"

An estimated 1 trillion dollars of luxury goods are reportedly sitting in people's closets, yet high commission fees and complicated listing processes make selling these items more trouble than it's worth. eBay's entrance into the consignment space is the latest enhancement in its fashion category ensuring trust and quality in a seamless resale shopping experience. From the expansion of eBay Authenticity Guarantee, to the acquisition of Certilogo, an AI-powered authentication provider, eBay continues to strengthen its end-to-end experience for sellers and buyers.

"Our consignment service is designed to help to remove the typical barriers to selling pre-owned items," said Tirath Kamdar, Global GM of Luxury at eBay. "The Luxe Line gives sellers and shoppers a way to test out our new service in real life with the same trusted experts that eBay works with for the online experience."

eBay's Luxe Line – How it Works

eBay's Luxe Line is open to the public December 13-14 in Los Angeles and December 16 in Las Vegas. Those not able to stop by the Luxe Line IRL can still shop some of Jenna Lyon's collection via auction at ebay.com/JennaLyons with 100% of proceeds going to Doctors Without Borders.

• Those who bring eligible handbags from their personal collection to one of the Luxe Line stops can have their items appraised for a value for what they will be listed on eBay.
  
  
• eBay's consignment partner will have their expert sellers photograph, price, and list the items on eBay on the seller's behalf. Sellers then simply wait for the items to sell and receive earnings once the items have been sold.
  
  
• Whether visitors are consigning handbags from their personal collection or not, the Luxe Line is also stocked with luxury handbags to shop from Jenna Lyons' closet as well as other luxury handbags, watches and jewelry from top eBay sellers Linda's Stuff and MyGemma.

Event Dates & Details:

Los Angeles Luxe Line

• December 13
  • 1525 Abbot Kinney Blvd. | 11AM-1PM
  • 225 26th St., Santa Monica (Brentwood Country Mart) | 2-5PM
• December 14
  • 209 Larchmont Blvd. | 10AM-1PM
  • 8493 Melrose Ave. | 2-5PM

Las Vegas Luxe Line

• December 16
  • 1980 Festival Plaza Dr. (Downtown Summerlin) | 10AM-4PM

Handbag brands eligible for consignment: Alexander McQueen, Balenciaga, Bottega Veneta, Burberry, Bvlgari, Celine, Chanel, Chloé, Christian Louboutin, Delvaux, Dior, Dolce & Gabbana, Fendi, Givenchy, Goyard, Gucci, Hermès, Jil Sander, Jimmy Choo, Judith Leiber, Lanvin, Loewe, Louis Vuitton, Mark Cross, Marni, MCM, Miu Miu, Mulberry, Off-White, Prada, Proenza Schouler, Saint Laurent, Salvatore Ferragamo, Stella McCartney, The Row, Tom Ford, Valentino, and Versace. eBay consignment is available for select brands, at any price point, in new or pre-owned condition, that fall under select categories. At this time, we are not currently accepting brands that are not part of this list.

Learn more about eBay consignment at ebay.com/ebay-consignment. For more, follow the conversation with @eBay on Instagram, Twitter, YouTube and Facebook.

About eBay

eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2022, eBay enabled nearly $74 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com

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SOURCE eBay Inc.

FAQ

What is eBay's Luxe Line and what does it offer to sellers and buyers?

eBay's Luxe Line is a mobile consignment concierge, providing a physical place for sellers to consign luxury accessories and for buyers to shop for new pieces. It aims to simplify the selling process for luxury items, ensuring trust and quality in a seamless resale shopping experience.

Who is consigning items in the Luxe Line?

Fashion designer Jenna Lyons is consigning items from her iconic closet, including a curated collection from well-known luxury brands like Prada, Louis Vuitton, and Gucci.

What is eBay's approach to enhancing trust and quality in the consignment space?

eBay has invested in expanding its authenticity guarantee and acquiring an AI-powered authentication provider, Certilogo, to strengthen its end-to-end experience for sellers and buyers.

What are the positive aspects of eBay's Luxe Line?

eBay's Luxe Line provides a unique and convenient opportunity for sellers to consign luxury items and for buyers to shop for luxury accessories in a physical location, enhancing the overall eBay consignment service.

What challenges does eBay's consignment service aim to address?

The estimated 1 trillion dollars of luxury goods reportedly sitting in people's closets highlights the potential challenges of selling pre-owned items, including high commission fees and complicated listing processes, which eBay's consignment service aims to address.

Where can people access the Luxe Line and what are the eligible handbag brands for consignment?

The Luxe Line will visit multiple West Coast locations, including Los Angeles and Las Vegas. Eligible handbag brands for consignment include Prada, Louis Vuitton, Gucci, and more.

How can sellers and buyers participate in the Luxe Line if they are unable to visit in person?

Those unable to visit the Luxe Line in person can still shop Jenna Lyon's collection via auction at ebay.com/JennaLyons, with 100% of proceeds going to Doctors Without Borders.

What is eBay's consignment process for sellers and buyers?

Sellers can bring eligible handbags to Luxe Line stops for appraisal, after which eBay's consignment partner will photograph, price, and list the items on eBay on the seller's behalf. Buyers can shop from the curated selection of luxury handbags, watches, and jewelry available at the Luxe Line.