Note: Kevin J. Ryan, staff writer at Inc., is stepping in for Brit while she is away from the computer today. Good morning, Sarah Davis was a law school student when she started selling used handbags on eBay in 1999. Fast forward two decades and that side hustle has grown into Fashionphile, the U.S.’s largest reseller of luxury fashion and accessories. The company has physical locations throughout California and on Manhattan’s Madison Avenue, and in 2019 received a minority investment from retail chain Neiman Marcus. This week, Davis chatted with Inc. about her company and the $24 billion luxury resale market. Read Inc.’s piece to learn the founder’s secrets to building a hugely successful retail brand. |
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