Yandex Market enters the resale market of luxury and premium goods
08.06.2022 2481

Yandex Market enters the resale market of luxury and premium goods

You can now buy used bags from luxury and premium brands on Yandex Market — the service shows such products in the new Resale section. TheCultt platform became the first partner of the marketplace. When buying a bag on the Market, you can save up to 50% of its original price. The service was the first among marketplaces in Russia to launch such a service and will continue to develop it - in the future it will add clothes and shoes to the range.

You can already buy bags from Bottega Veneta, Louis Vuitton, Burberry, Chanel, Celine, Jacquemus, Christian Dior, Valentino, Gucci, Prada, Saint Laurent and other brands on the Market. The service also sells accessories from fashion collections, rare bags that are already completely sold out in the world. The seller delivers such goods: in Moscow, a paid order can be received in 1-2 days, in other regions of the country - in 2-7 days. In the capital, a fitting service is also available to customers. In the card of each product, the service indicates its condition: perfect, with a tag, or excellent, with minimal traces of wear.

All products for resale on the Market are authenticated by TheCultt platform using the Entrupy tool, which uses artificial intelligence and machine learning. Entrupy takes microphotographs of the product and compares them to images of the same item in its memory. Thus, the device evaluates the authenticity of goods with an accuracy of up to 99%.

“Buying luxury and premium goods on resale in the fashion category in Russia has been in demand for a long time, and recently the popularity of this type of shopping is only gaining momentum. We want to attract a new audience, as well as introduce Yandex Market users to a new format for buying expensive accessories and find original and niche products in an environment where their availability may temporarily decrease,” says Alina Repyeva, head of lifestyle categories at the Market.

You can now buy used bags from luxury and premium brands on Yandex Market — the service shows such products in the new Resale section. The first partner of the marketplace was…
5
1
Rating

Latest News

Brazil reports growth in footwear exports for 2 months of 2025

Brazilian footwear exports in the first two months of 2025 reached 21 million pairs, with a turnover of $174,23 million. In February, 9,6 million pairs were exported, up 18,9% in volume and 8,9% in value compared to the previous…
14.03.2025 189

Demna Gvasalia becomes creative director of Gucci

Gucci has hired Demna Gvasalia as its creative director. He replaces Sabato De Sarno, who was fired on February 6 after just three…
14.03.2025 200

Zegna to Build Shoe Factory in Italy

Italian luxury group Zegna has begun construction of its own factory in Italy, a few kilometers from Parma.  
13.03.2025 291

Radical Chic Releases Collaboration With Buryat Artist Zorigto Dorzhiev

The collaboration between Radical Chic and Zorigto Dorzhiev resulted in a collection of two silk scarves, “Nomad” and “Erdene”. The basis for the new designs were two original works by the artist, “Four Horsemen” and…
13.03.2025 498

Geox sales down 7,8% in 2024.

Italy's Geox Group reported a 2024% year-on-year decline in 7,8 sales to €663,8 million. Only in the fourth quarter did sales rise slightly, by 0,5% year-on-year, at current exchange rates to 138…
12.03.2025 705
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning