Authenticity Check
The process of verifying that luxury or designer items are genuine before resale — using experts, AI tools, or third-party services.

Bridge Brands
A category between luxury and mid-market fashion, offering designer style at more accessible prices. Examples: Michael Kors, Coach, or Tory Burch.

Circular Fashion
A design and consumption model that extends the life of clothing through reuse, repair, and resale.

Circular Wardrobe
A curated closet focused on timeless, versatile pieces meant to be restyled, resold, or repaired — reducing waste and maximizing wear.

Closet Clean-Out
An intentional wardrobe review to identify items ready for resale, donation, or recycling.

Commission Rate
The percentage a consignment shop or platform keeps from each sale in exchange for listing, marketing, and selling your item.

Consignment
A resale model where you provide items to a store or online platform to sell on your behalf. You retain ownership until the sale, then receive a portion of the revenue.

Consignment Cycle
The full journey of an item: from intake and pricing to listing, selling, and payout.

Consignment Period
The time frame during which an item is listed for sale before it’s returned or donated.

Consignor
You — the person providing items for resale.

Curated Collection
A thoughtfully selected set of items based on quality, condition, and style relevance.

Depreciation Value
The decrease in an item’s resale worth over time due to age, wear, or changing demand.

Drop-Off / Pick-Up Service
A convenience offered by consignment stores that allows easy handoff or retrieval of your items.

Fast Fashion
Low-cost, high-turnover fashion designed for quick trends — often produced unsustainably.

Inventory Turnover
The rate at which resale inventory sells — a key performance metric for consignment businesses.

Luxury Resale
The resale of high-end or designer items, often authenticated and priced for quality, rarity, and prestige.

Markdown
A price reduction applied to unsold consigned items to encourage purchase after a set period.

Mending & Repair
Extending the life of garments through fixes, alterations, or creative redesign — central to sustainable fashion.

Middle-Market Fashion
Accessible, mid-priced fashion sold by brands that balance quality and affordability. Examples: J.Crew, Banana Republic, or Madewell. These items often perform well in resale due to consistent demand and wearability.

Peer-to-Peer Resale (P2P)
A model where individuals sell directly to one another on platforms like Poshmark, Depop, or Mercari.

Pre-Loved
A modern, positive term for “used” or “secondhand” items, emphasizing emotional value and sustainability.

Price Ladder
A strategy where consigned items are gradually discounted to ensure sale while maintaining value.

Resale Market
The global ecosystem of secondhand shopping — spanning luxury, thrift, and online consignment.

Resale Value
The potential amount an item can earn when resold, based on condition, demand, and brand tier.

Secondhand Economy
The broader reuse ecosystem — resale, rental, donation, upcycling, and repair.

Sustainable Fashion
A conscious approach to creating and consuming fashion responsibly — focusing on people, planet, and longevity.

Thrifting
Shopping for pre-owned items — often in thrift stores, vintage boutiques, or online resale platforms.

Upcycling
Reworking existing garments or materials into new designs — a creative and eco-friendly approach to fashion.

Vintage
Apparel or accessories typically 20+ years old, valued for craftsmanship, nostalgia, and rarity.

Wardrobe Audit
An intentional closet review to evaluate what to keep, consign, repair, or restyle.

White-Label Resale Program
When brands operate their own resale platform (like Lululemon’s “Like New” or Eileen Fisher’s “Renew”).

Zero-Waste Fashion
A movement that designs and produces with minimal textile waste, often aligned with circular economy principles.