Company profile: Luxury Promise
1.1 - Company Overview
Company description
- Provider of a community-driven social commerce luxury resale platform to buy, sell, and swap preowned luxury handbags and accessories, with daily live shopping shows enabling Q&A and browsing new arrivals, multi-layered authentication using expert authenticators and AI, consignment and direct sales, store-credit swaps, e-gift cards usable online or in-store, and engagement with a global community of buyers and sellers.
Products and services
- Authentication: An AI-enabled verification process engaging expert authenticators and AI technology to ensure authenticity of preowned luxury handbags and accessories within a globally inclusive resale community
- Live Shopping Shows: Real-time daily live shopping for preowned luxury handbags and accessories, letting viewers ask questions and browse new arrivals while engaging a community-driven resale platform
- Buy: Platform-level purchasing of preowned luxury handbags and accessories through the marketplace, enabling customers to discover and acquire authenticated items available from a globally inclusive community
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Luxury Promise
ba&sh
HQ: France
Website
- Description: Provider of affordable premium women’s apparel designed and manufactured in-house, including dresses, tops, skirts, jackets, pants & jeans, and accessories such as belts and bags. Sold mainly through premium monobrand retail locations in France, department stores, and online, with international expansion underway in the UK and Germany.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Gemvara
HQ: United States
Website
- Description: Provider of custom-made fine jewelry via an online personal jeweler platform, offering a virtually unlimited selection through a made-to-order technology platform with over 1.5 million design possibilities and more than 1,500 original designs. Customers can personalize rings, necklaces, bracelets, and earrings.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Gemvara company profile →
Revolve
HQ: United States
Website
- Description: Provider of an online store offering designer clothing, footwear, accessories, and beauty products for women, men, and children. Offers an application for finding and buying products and provides shipping and delivery services. Products are sourced from a range of brands and designers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Revolve company profile →
Bonfire
HQ: United States
Website
- Description: Provider of a design and technology platform for custom apparel, enabling individuals and organizations to design and sell shirts online, run fundraising campaigns for good causes, and order custom printed products directly.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Bonfire company profile →
The Bradery
HQ: France
Website
- Description: Provider of an online shop offering private sales of premium fashion, cosmetics, and lifestyle brands, with discounted clothing, accessories, footwear, skincare, home decor, lighting, and household items. Also features natural, vegan, sugar-free gummies food supplements made in France from Mium Lab and refurbished Apple products at competitive prices from Apple Lagoona.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full The Bradery company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Luxury Promise
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Luxury Promise
2.2 - Growth funds investing in similar companies to Luxury Promise
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4 - Top valuation comps for Luxury Promise
4.2 - Public trading comparable groups for Luxury Promise
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