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What's the value of the handbags hiding in your closet?

Handbags have surpassed watches and footwear as signature items that instantly tell the world of the owner’s sense of style and fashion. It's estimated that on average women own 13 handbags across 7 different designers. 

The general rule of thumb on how long you should keep a designer handbag before you consider selling it is a year. Why? It's still going to be in great condition, and if there is some form of seasonality to its style, you'll be back in that same season as when you bought it. The purchase of "elite designer" handbags can be justified by the steadily increasing resale market where certain luxury handbags like Chanel, Louis Vuitton, Hermes and Gucci actually appreciate in value. 

Now ask yourself, which designer handbag do you need to have and which handbag are you ready to consign? You could earn 60-80%* on your designer consignment with us. 


*certain terms and conditions apply

Let's Try to Stop Upsetting Mother Nature

While the State of Texas is still in turmoil over Hurricane Harvey, Hurricane Irma is up to devastating mischief. Referred to as an "extremely dangerous" Category 4 storm with winds of up to 155 miles an hour it's truly frightening. 

It is reported that Hurricane Harvey, a Category 3 hurricane was the first major hurricane to make landfall in the US since Wilma in 2005 ending a 12 year drought. Harvey is also reported to be the third-costliest Atlantic hurricane causing approximately $70 billion in damage. Who knows what Irma will do.

You may ask yourself why we are writing about hurricane's and what does it have to do with designer consignment? To be honest, not much HOWEVER it is clear that global warming is a very real problem and one we all need to be more mindful of. What is relevant to us and this story is consignment is a great way of making some extra money or making a donation to that cause or charity AND you are recycling which is ever important to the global warming problem we have. 

We bet you didn't know that the average American throws away 65 pounds of clothing per year - that's a lot people. If you're thinking I can't be bothered to head to a consignment store with a bag full of no longer wanted clothing, use our premium concierge service where we will come to you and take care of the whole process. It can't get any easier than that! It may also mean that there's a chance that Mother Nature will become a little happier and she may refrain from showing her wrath to the degree she currently is.   

Food For Thought

5/14/2017 11:06 AM

Food For Thought

OK so here's the question; do you prefer to buy designer clothes, shoes and handbags or are you just as happy and still get the thrill when you make a high street fashion purchase? Either preference is fine but have you stopped to think about the resale value of that purchase?

Here's why we ask, we realize that buying that Louis Vuitton Neverfull MM tote may hit deep into the bank account at an estimated retail price of $1050; In fact, you may have even been saving in what seems like forever to buy that coveted piece but, is it really that expensive when you can re-sell that sought after bag for upwards of $700? We don't think so. Of course, you may never want to sell it and that is completely fine but it does make that hefty retail price seem not so bad in the event that one day you do sell it. It's kinda like shopping without the guilt.

Sell it, earn some money from it and upgrade that handbag for another Louis or perhaps you've cast your eye on a Chanel bag or HermèsHave you even considered buying a handbag on consignment? It really is becoming the new way to shop. Some bags have never even been used. And no, we're not crazy!

And resale value of designer items doesn't just extend to bags, it reaches clothes and shoes too. New shoes such as Jimmy Choo Cosmic Pumps and Chanel to boot (no pun intended) without the retail price. 

Just some food for thought. Happy shopping!

The 4 "C's" of Consignista

2/6/2017 8:47 AM

The 4

Like the 4 “C’s” of a diamond, Consignista also has 4 “C’s” to its business model. These 4 “C’s” are what we feel are part of what separates us from the other consignment choices you may have out there. Let us tell you about them:

The first C, Consignista:

Consignista was founded in 2012 by Penny Oloughnane, a UK resident who moved to the USA for a better quality of life for her family. In December 2011 she consigned an item herself in a bricks-and-mortar store. She was new to consignment as it was a totally unheard of concept in the UK. She found there was also no privacy at the appointment and the assistant was more than just a little rude. Then the item she consigned was slashed in price after 30 days by 80% without notice (although it was in the fine print of the terms) and she received pennies on the dollar. She then had to wait 3 months for her check and was charged a $3.50 administration fee for a check that had her last name totally misspelt. Completely frustrated, Consignista was born; a luxury designer consignment site for women, men and children. She promised herself that when someone consigned an item with Consignista, they would receive the check they were told they would and that if any site wide promotion was executed, that sale would come out of Consignista’s pocket.

The standard of merchandise was, and is, of particular importance. Luxury designer items are either new, or “as new”. This standard is reflected in Consignista’s returns rate of less than 0.1%. As Consignista evolved, the second “C” was born.

The second C, Charity:

Consignista’s Closets for Causes program, provides the option to our consignors to make a charitable donation from the sale of their items to a charity of choice.

Our consignors earn 60% when their items sell. They can decide whether any of their earnings will go towards a charity of choice. The donation can be anywhere from 1% up to 60% of their sales and will be calculated by Consignista and paid as per their request. Consignista is not a 501c3, however, consignors are provided with a letter stating what percentage of their payment went towards charity and the fact that the organization is a registered 501c3.  

In addition to any charitable donation our consignors may make, Consignista will also make a contribution of an additional 5% to the charity of choice.

Consignista has an incredible consignor community that we work so hard to continually grow in order that we can continue to help others make a difference. No charity or cause is too big or too small; no luxury designer closet is refused.  

When you shop Consignista’s virtual shelves of luxury designer items with our “charitable heart” sign means a portion of your purchase is supporting a charity.

The third C, Convenience:

Consigning with Consignista is easy. Go to consignista.com, select “Consign” and schedule a Premium Concierge Consignment Appointment there and then at a time convenient to you. Once you have made your appointment, you will be assigned a dedicated Luxury Client Ambassador who will come to you and inspect the items you wish to sell. You will be provided with an e-receipt of those items that have been accepted. Your accepted items will then be taken away to be uploaded to the website for sale. Within 3-7 days (depending upon how many items there are) you will receive an updated e-receipt with competitive market pricing and your items are at this time published to the website.  This service is offered within a 25 mile radius of our Head Office in Greenwich, CT.

The fourth C, Confidential:

Consignista is proud to have a wonderful consignor community and some of these consignors are high net worth individuals who can be very private. We understand this and it is one of the reasons that our consignors are allocated a dedicated Luxury Client Ambassador so each time a consignor wishes to consign they know who is coming to their door. A closet is a personal thing and we get that. Our Luxury Client Ambassadors are made to sign a Confidentiality Agreement so there is no “talk out of school”. To some, this may not be important, but to others, it is. We just that extra step to demonstrate we care.

 

 

The crazy world of fashion in 2017

So as we say goodbye to 2016, in comes 2017 with the usual commercials for vacations and how to lose weight so you can feel confident wearing that bikini. Same 'o, same 'o. But what, pray tell, does the fashion world have in store for us in 2017. Here's a little snippet:

A name that everyone is telling us to watch out for is Raf Simons. A Belgian fashion designer whose career started in furniture design. He was the creative director at Christian Dior until he resigned in 2015. He will be making his debut at Calvin Klein at New York Fashion Week on February, 10. Simons' has a built-in celebrity draw that will no doubt give his collection heightened attention. So I guess we will just have to wait with baited breath to see what hits the runway.

L.A. Runway Shows are being taken seriously in the Fashion Week circuit. LA has struggled to maintain a traditional fashion week but when Tommy Hilfiger showed his second installment of the Tommy x Gigi label (also launched with Gigi Hadid), L.A.'s luck changed. 

According to Vogue, the Holy Bible of fashion, pink is the new camel. All shades of pink are in girls and boys. As can be evidenced from designs by Valentino, Balenciaga, Marc Jacobs, Céline, Givenchy, Bottega and the like. Also, platforms are the new Stan Smiths, phone cases are the new "It" bag and slogans are the new logos. And if that wasn't enough, Crocs - yes we did say Crocs - are the new Birkenstocks. 

Plus size is no longer anything to stress over! This is partly thanks to Ashley Graham who launched her own dress collection and has become a mentor for the revamped America's Top Model. She also is on British Vogue's January 2017 front cover. This is a well deserved boost to all women who are size 14 and over!  And while Ashley is doing her bit for us girls, Tim Gunn has stated that he wishes for an all plus-size model's season of Project Runway. We have our fingers crossed Tim!

Want more? Subscribe to our email, get 15% off of your first purchase and receive updates when new designer goodies hit our virtual shelves. You may just snap up some Raf Simons' luxury items for less - you just never know!

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