Based in Dubai and founded in 2011, The Luxury Closet is a leading online boutique for buying and selling new and pre-loved luxury items like handbags, clothes, watches and jewellery. They have more than 40,000 unique items as part of their selection, and feature top luxury brands such as Louis Vuitton, Chanel, Van Cleef and Arpels, Cartier, Rolex and more. They accept items from all over the world and deliver globally, all the while maintaining sustainability. How? Let’s find out.
Sustainability is the key word to adequately describe how consumers today, particularly younger generations, seek to change the fashion narrative for good. Following the rise of fast-fashion business models, which focus on low prices, high collection turnarounds and cheaper materials, the negative impacts of overconsumption are being seen and felt around the world. For example, a 2018 study from the United Nations found that the fashion industry generates up to 20% of global water waste and approximately 21 billion tonnes of textile waste. It is also responsible for 10% of all annual global carbon emissions – more than all international flights and maritime shipping combined. As fashion brands and retailers continue to grow, consumers demand that these players make sustainable changes within their business models, from the raw materials they source to produce their garments to the end of their lifecycle.
Sustainability is also shifting the way consumers buy and sell fashion. Other business models, such as those that focus on conscious and responsible consumption, are gaining traction. There’s been a resurgence of interest in second-hand fashion, as it promotes sustainable purchasing habits while diverting garments that may have ended up in landfills. Pre-loved fashion also gives consumers access to specific garments or brands they may not have been able to purchase brand new. Focusing on the mantra ‘buy less, buy better’, second-hand fashion platforms like The Luxury Closet help increase quality items’ longevity while advocating the benefits of a circular economy.
A pre-loved luxury fashion platform, The Luxury Closet is dedicated to changing the way people view luxury consumption. Centred on the belief that when people purge their wardrobes of unwanted clothes, others can benefit, the second-hand platform focuses on high-end luxury garments, bags, shoes, fine jewellery, watches, accessories and homeware, and at all price points. A market leader in the Middle East, The Luxury Closet is slowly making a name for itself across the globe as it focuses on legacy brands, investment brands and trending brands.
As a global, second-hand marketplace, The Luxury Closet helps users around the world sell and purchase their pre-loved luxury fashion and homeware items. Offering a 100% authenticity guarantee, the in-house team of experts at The Luxury Closet verify the authenticity and condition of each item before they are put up for sale. Users can effortlessly switch between buying and selling without any hassle, making it easy to sell and purchase second-hand luxury pieces, such as shoes and bags. Working with a systematic pricing process, every single luxury item is priced according to condition, style, material, brand value and resale value. This ensures buyers and sellers benefit from the fairest price while becoming a ‘Re-Fashion Hero’.
By selling and shopping pre-loved high-end items with The Luxury Closet, consumers prolong the lifespan of the items while reducing the number of new products purchased. The VIP Concierge Service offered by the platform caters to luxury enthusiasts who wish to sell more than five luxury items at a time, further promoting the idea of buying less, choosing well and making it last. In addition to contributing and promoting the benefits of a circular economy, The Luxury Closet has implemented other sustainable practices to make an even bigger positive impact. This includes switching out plastic bubble wrap for stuffing and cushioning products to recycled paper, moving to a paperless invoice system and taking a sustainability pledge to resell, reuse and rejoice.
At the same time, The Luxury Closet continues to work tirelessly to raise awareness on issues surrounding overconsumption while promoting the benefits of pre-loved shopping during these unprecedented times. The online luxury platform swiftly adapted to new protocols introduced following the outbreak of the global pandemic COVID-19 by changing how its teams work in-house and prioritising the safety of its employees and customers. Shipping worldwide, The Luxury Closet ensures it maintains its sustainability values, even under such circumstances.
With the fashion landscape shifting towards positive change, The Luxury Closet encourages consumers to become a ‘Re-Fashion Hero’ and take an active role in eradicating overconsumption and the exploitation of resources, while advocating for circular fashion in the most stylish way.
So what are you waiting for? Start shopping and selling luxury items with peace of mind.
