Date Posted: Friday 1st October 2021
Italian luxury group YOOX NET-A-PORTER has partnered with resale tech company Reflaunt, as its moves into the second-hand fashion space. YNAP owns NET-A-PORTER, MR PORTER and THE OUTNET and has said that the partnership is its "most extensive resale pilot to date." The partnership will allow customers to sell and buy pre-loved, ready-to-wear fashion, as well as bags, shoes and jewellery.
Shoppers will receive store credit for handing in their old pieces, with an extra 10 per cent credit incentive or direct bank transfer once sold on.
The service will launch first for NET-A-PORTER in Autumn 2021, followed by MR PORTER and THE OUTNET in early 2022. It will initially be available in the UK, followed by the US, Germany and Hong Kong SAR at an unspecified later date.
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