Inspiration for an entrepreneur often comes when they look for something - a service or a product they need - only to find it doesn’t (0) yet exist.
In Sebastien Fabre’s case it was his wife’s impulse shopping that provided the inspiration that (25)
to a successful business.
Mr Fabre knew nothing about fashion, but he (26)
that his wife had a lot of bags. And these purchases weren’t just any old bags, but high-end designer ones.
Yet, (27)
having so many, she used just one.
Together they decided to sell them, but even though there were many second-hand marketplaces already in existence, they couldn’t find anywhere, where their credentials as a seller (28)
be trusted and the bags’ value recognised.
It sparked an idea. He established an online marketplace for second-hand designer bags, shoes, accessories and clothing. And eight years later, sales are growing 85% a year, which is not bad for someone who until he set up the business (29)
in tech and knew absolutely nothing about fashion.
Mr Fabre believes the firm’s focus on authenticating the products is helping it to stand (30)
.
The aim is also to make all the items and the website itself look like a designer (31)
than a used goods website.
The firm offers (32)
prices for those who buy designer labels. So, it seems that luxury and second hand can go together after all.
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