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

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, 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.



Do you feel better wearing expensive clothes?

We know there are many of us who hanker after designer brands. When new collections hit the runway, the high street retailers are busy coming out with their version of that trendsetting skirt, dress or pair of shoes in order to capture the massive market who do not have the bank balance to pay the price of what is on the designer tag.

Why you ask are designer items so expensive? It is without a shadow of a doubt that the innovative design, workmanship, fabric quality, hand-stitching, exclusivity and of course the designer name itself factors into the cost of every item, but there is also the comfort factor; how many of us have tried on a pair of well-made designer shoes and they have felt like slippers? We know we have!

The question is, does wearing an Armani dress or suit make you feel different about yourself versus if you were wearing a high street version? I have to confess, I am a designer girl at heart. Classic styles from Ralph Lauren are my staple, and as for designers shoes, there are too many of them that I love to mention; but of course Manolo Blahnik and Christian Louboutin are up there!

But there's why I love wearing designer clothes, they last. So while they may cost more at the outset of purchase, they last longer, making buying high street versions a bit of a false economy. For me anyway. And here's the smartest part, now designer brands don't have to cost the earth. At we carry in the majority of instances brand new or as new designer items at a fraction of the original cost. Don't believe me? Check out as an example our coats, dresses, shoes and bags from Roberto Cavalli. Kind of, begs the question why buy retail at all?

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