Tech and Data-driven Pre-owned Luxury B2B Platform LUXCLUSIF Bought by Farfetch

Big News in the global pre-owned luxury resale market

Global leader in Luxury fashion Farfetch has confirmed that it has purchased Tech and Data-driven Pre-owned Luxury B2B Platform LUXCLUSIF with an aim to solidify its grip further in the overall luxury market.

Luxclusif’s technology platform and team both will merge with the Farfetch group to begin an exciting new journey in the world of pre-owned luxury.

Taking steps to being the top world leader for pre-owned luxury

Once the process with regards to the takeover is complete, the Luxclusif team will manage the Second Life platform service by Farfetch. They will also ensure the smooth incorporation of fresh as well as current partners within the initiative.

As a strategy, Luxclusif will keep offering pre-owned luxury to its customers vide its partners in Second Life or other relevant modules that is has created.

As per Rui Rapazote, co-founder and CEO of Luxclusif the new provides a lot of potential for Farfetch and Luxclusif to scale in the right direction with speed and offer the world some of the best options for preowned luxury through research and customised solutions.