Founded in 1999, FASHIONPHILE is the leading pre-owned ultra-luxury pioneer who ranked as one of the top ten searched fashion brands on Google in 2018. FASHIONPHILE is known for its never-ending inventory of the most coveted handbags and accessories, a direct buyout model, and best-in-class authentication. Their innovative retail partnership with Neiman Marcus has accelerated the luxury lifecycle to a velocity unparalleled anywhere else in the world, bridging the primary and secondary market through FASHIONPHILE’s innovative recommerce technology, proprietary pricing algorithm, and pioneering authentication platform.
This investment will give more flavor to the operational and geographical scale, further expanding its omnichannel presence and opening regional distribution centers both at home and abroad. The investment will also drive the advancement of FASHIONPHILE’s patented technology suite with enhanced automation and synthetic intelligence, adding patent-pending visual popularity technology.