eBay Inc. has launched a new consignment service, allowing users to sell luxury items from brands like Chanel, Hermès, Louis Vuitton, Prada, and Saint Laurent. The company has partnered with Linda Lightman, founder of Linda's Stuff, for this development. This move is part of eBay's strategy to establish itself as a trusted destination for luxury and fashion. In the last quarter, eBay also launched the Certified by Brand program and ventured into a luxury fashion rental marketplace. However, the company's Gross Merchandise Volume fell 2% in Q2.