Authentication

The Australian luxury resale market is no longer a niche. It’s a $700 million industry growing at nearly 8% annually — and it’s projected to more than double to $1.4 billion by 2034. If you’re running a consignment boutique or luxury resale store in Australia, you’re operating in one of the fastest-growing retail categories in the country. But the stores that capture that growth won’t be the ones with the best eye for inventory. They’ll be the ones who figure out the operational infrastructure first. ...

Selling a fake designer bag is not just bad for your reputation — in Australia, it is illegal under the Australian Consumer Law and can result in fines up to $500,000 for individuals. If you are in the luxury resale game, authentication is not optional. Here is how to get it right. Why Authentication Matters More Than Ever The global counterfeit market is worth over $500 billion annually. Luxury goods are the most counterfeited category, and the fakes are getting better. Even experienced resellers get caught out. ...