eBay Launches Authentication For Streetwear
Portfolio Pulse from Happy Mohamed
eBay has expanded its Authenticity Guarantee to streetwear, covering items sold for $200+ from brands like Aimé Leon Dore, KITH, Off-White, and Stone Island. The service will expand to include brands like adidas, Nike, Gucci, and Louis Vuitton by the end of September. eBay's luxury categories have experienced double-digit annualized growth from Q4 2019 to Q4 2022.
June 01, 2023 | 12:19 pm
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eBay expands its Authenticity Guarantee to streetwear, potentially attracting more customers and boosting revenues. The company's luxury categories have experienced double-digit annualized growth.
eBay's expansion of its Authenticity Guarantee to streetwear is likely to attract more customers interested in purchasing authentic items from popular brands. This move could lead to increased revenues for the company, especially considering the double-digit annualized growth in eBay's luxury categories.
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