Fashionphile’s 60,000-square-foot NYC store emphasizes luxury resale’s interest in brick-and-mortar
It’s a multipurpose location, housing a processing center for new product, an office, authentication rooms, a photography studio, storerooms full of hundreds of handbags and a showroom for clients. The new location makes Fashionphile the latest luxury reseller to invest heavily in brick-and-mortar spaces, along with contemporaries like Vivrelle and The RealReal. The amount of investor money, growth and new physical locations these platforms are seeing signify resale’s growing prominence in the luxury space.