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Rebag was established in 2014 by CEO Charles Albert Gorra [1] under the parent company Trendly Incorporated. It functions as a digital and brick-and-mortar retail platform where customers can engage in the buying and selling of luxury designer handbags, accessories, watches, fine jewelry, shoes, and select apparel.
A counterfeit consumer good is a product, often of lower quality, that is manufactured or sold without the authorization of the brand owner, using the brand's name, logo, or trademark. These products closely resemble the authentic products, misleading consumers into thinking they are genuine.
In June 2015, a Christie's handbag sale in Hong Kong saw a pink crocodile skin Hermès Birkin bag made only in 2014, sell for a then world record £146,000. [ 28 ] In May 2017, Christie's Hong Kong sold a white crocodile skin Hermès Birkin bag with 10.23 carats of diamonds for a world record HK$2.9 million (£293,000).
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In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. [1]
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