We stock fabulous NZ and international designer fashion at incredible prices.
What consignment means:
Consignment means that we will sell your items for you.
We agree the time frame you leave your items with us - most people consign for up to eight weeks. After the consignment period you will be paid if the goods have sold. If they are unsold you can choose to take them away.
When you bring items to RENEW we work with you to choose the things that are most likely to sell. Our customers are selective and we are a boutique, so we curate the items that are most likely to match their tastes. That way you can be paid as quickly as possible for your items and our other customers can discover high quality fashion.
Bring in your clothes, footwear, jewellery and accessories. We choose what we think will sell and you can choose how you want to be paid.
a) you want to get cash when your items sell, you get 45% of the net selling price (net price does not include GST). You can choose to have your bank account automatically credited at the end of your consignment period or a store credit.
b) you can also choose to keep a store credit account. If you choose this option you will earn the equivalent of 50% from the sale of your sold items.
c) Luxury brand items (ie. LV, Prada, Gucci etc) shoes, handbags, sunglasses & clothing do not have an expiry date and the normal rules of consignment stock do not apply to these. We will discuss this with you personally upon consignment.
The prices on your store docket are GST exclusive, showing the intended selling price. Please keep this docket in a safe place as you may need it to receive your money.
If a customer chooses to to layby your item we will pay you once the item is paid for in full.
Will you take all of my garments, shoes and accessories?
We are selective about what items we pick in order to match your items with our customers tastes. We look for quality brands that are well made and in excellent condition. We accept some vintage items, but only if they are outstanding quality.
How do I get paid?
After the consignment period we will pay you by cheque in-store or deposit to your bank account, or you can also choose to be paid in store credit.
What if my item doesn't sell?
We do our best to choose items that will appeal to our customers. Some things don't sell in the agreed time frame. If that happens we remove it from stock and notify you. Because the item is consigned to us it remains your property.
*Items that aren't sold after approximately 4 weeks will be reduced in price by 25% - 50%. If you prefer that your particular items aren't reduced, we ask that you inform us at the time of drop-off.
*If, after 8 weeks, items still haven't sold they may be reduced in price again.
*Any items still unsold after 8-10 weeks from the date of receipt, can be collected collect and you have 4 weeks to collect before items are disposed of.
*After 12 weeks from the date of receipt, any items not collected will be disposed of at our discretion.
*Excludes luxury brand goods of our discretion
Checkout out this interesting article:
Used Stuff Is the Next Big Trend in Christmas Shopping
More than half of Americans are open to getting pre-owned gifts this season as thrifting goes corporate.By
This holiday season, most of the Christmas presents Akil McLeod buys for his family members will have already belonged to someone else.
It’s a shopping habit that McLeod, who turns 30 on Christmas Day, has been practicing for nearly a decade. Last year, he gave his wife a green leather jacket that he bought at a garage sale and fits like a glove. Once, he shocked his mom with a vintage Gucci purse.
“She’s been getting those really unique gifts from me and it’s something that you wouldn’t find at a Macy’s,” said McLeod, a former educator who now works full-time reselling items on sites like EBay and Poshmark from his home in Santa Barbara, California. Of the $100 he plans to spend this season on personal gifts, he estimates 70% will be from second-hand stores, where he says he snags better deals, plus the thrill of the hunt. “Vintage is probably the biggest that it’s ever been,” he said.
McLeod is part of a growing group of consumers who feel comfortable incorporating second-hand items into their holiday shopping list. Once taboo, the pre-owned market is increasingly seen as a savvy way for shoppers to save money, discover harder-to-find items and reduce their carbon footprint in an age of disposable fashion. Buying secondhand isn’t necessarily the same as committing the unthinkable act of regifting—a term popularized in a 1995 episode of “Seinfeld” as an unwanted label maker gets passed person to person. In fact, nearly half of U.S. consumers said they would consider giving used apparel as a present this year, according to a study from Accenture. Even more would welcome gifts from the resale market themselves.
“Things are changing, especially among young people who try to be sustainable and want to be part of the circular economy,” said Sucharita Kodali, an analyst at Forrester Research. “Those are the ones that are not only going to be purchasing this stuff but going to feel good about buying it as gifts—and introducing friends and family to those brands as well.”
Resale has been growing rapidly across the U.S., with the second-hand market forecast to grow to $51 billion by 2023, according to an estimate by online thrift store ThredUp. Given that growth, resale businesses are prepping for what could be their biggest holiday season yet, especially as Americans rev up to spend more than they did last holiday season.
The U.S. second-hand market is forecast to grow to $51 billion by 2023
But it’s not just yard sales and corner shops. Even before the holidays, 2019 has been a landmark year for second-hand sellers, especially as the local thrift shop goes corporate. Neiman Marcus this spring invested in Fashionphile, a pre-owned e-commerce company focused on luxury handbags and accessories. Macy’s Inc. and J.C. Penney Co. both announced in August partnerships with ThredUp. Luxury consignment shop RealReal Inc. went public in a $300 million offering in June. In addition, venture capital investors have pumped more than $1.1 billion of funding into used-clothing operations over the past several years, according to data compiled by Bloomberg.
As Black Friday and Christmas approach, resellers are betting the former stigma of gifting used goods has fully fizzled. And it’s more than vintage t-shirts and discount scores that might find their way into your stocking.
“Now people are like ‘buy me the Gucci on Poshmark,’” said Manish Chandra, founder of the resale site. After seeing more users turning to resale for holiday shopping, it debuted a “gifts market” last year, he said.
At the RealReal’s new Madison Avenue location in Manhattan—surrounded by high-end stores like Ralph Lauren, Emilio Pucci and Lanvin—the shop has been outfitted for the retailer’s first “Insanely Rare Holiday Gift Guide.” It features about 150 items, including a $6,175 Pablo Picasso Earthenware Hibou Pitcher, a $2,750 pair of Louis Vuitton sneakers and a set of three Takashi Murakami skateboard decks going for $3,500. The RealReal’s Hermes expert points to the rarest handbag on the shelves, a limited-edition black Birkin Sellier with palladium hardware that’s listed for $30,000. Signs read: “This holiday season, why settle for a ho-hum present when you can rise to the highest level of gifting genius?”
RealReal Chief Operating Officer Rati Levesque said the percentage of orders needing gift boxes tripled last season, and she’s already seeing an uptick this season. Classic high-end items have been the most popular, including Rolex and Cartier watches along with handbags from Louis Vuitton, Chanel and Hermes. Whatever they're buying, gift-giving shoppers are making sure to seek out products with less wear-and-tear than the usual purchase.
Younger consumers are some of the most fervent shoppers latching on to the resale trend. Eighty percent of Gen Z shoppers—the cohort behind millennials that spans about first grade through college—said they plan to give thrifted gifts, according to a survey released Thursday from ThredUp. Instead of physical items, some people are even handing out gift cards to thrift shops. Gift card purchases at Thrilling, an e-commerce site that helps mom-and-pop vintage shops expand their digital presence, have risen 200% year on year—and the average balance is $150, according to founder Shilla Kim-Parker.
Grayson Townsend, a 15-year-old from Port Orchard, Washington, spent a recent afternoon while vacationing in New York shopping at Buffalo Exchange, a buyer and seller of used clothing that’s been around since the 1970s. She said she didn't mind giving previously owned gifts to her twin sister and friends. If you go to a traditional retail store, someone’s probably already tried on that pair of jeans, she said, and shoppers aren’t grossed out by that. So what’s the difference?
“I can’t afford Banana Republic or other expensive clothes, but if I buy secondhand, I can buy more stuff and make their presents better,” Townsend said. “There's something called a washing machine.”
— With assistance by Matthew Townsend, and Sarah Halzack