Neiman Marcus Pushes Into Growing Market for ‘Preloved’ Handbags
By Suzanne Kapner
Updated April 17, 2019 3:31 p.m. ET
The market for secondhand clothing and accessories is going mainstream.
Neiman Marcus Group Ltd is taking a minority stake in Fashionphile LLC, an online seller of preowned designer handbags and accessories, according to company executives.
The RealReal Inc., a larger competitor to Fashionphile, is preparing for an initial public offering,…
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