What is luxury consignment?

Luxury consignment is the process of selling high-end designer items, such as clothing, handbags, jewelry, and accessories, on behalf of the original owner through a third-party service or store. The consignor (owner) receives a percentage of the final sale price once the item is sold. Consignment services handle authentication, marketing, and sales, making it easier for individuals to sell their luxury goods while ensuring that buyers receive genuine products.