Woman Turns Flipping $250 Bag on eBay Into $500M Luxury Resale Empire

KEY POINTS

•Sarah Davis started Fashionphile 25 years ago after flipping her first $250 Louis Vuitton bag from a DC thrift store.
•The company has sold 2 million luxury accessories and expects $500 million in sales this year alone.
•Luxury resale is outpacing the original luxury market, projected to hit $317 billion globally by 2027.
•Davis advises buying classic black or brown styles like the Louis Vuitton Speedy for best resale value.

Back in 1999, law student Sarah Davis bought a Louis Vuitton red Epi bucket bag for $250 at a D.C. thrift store and flipped it on eBay like a proto-crypto NFT trader. Fast-forward 25 years, and her company Fashionphile has sold 2 million luxury accessories—including those same red Epi bucket bags—with a cool $500 million coming in this year. Sarah says the secret to #BagGains is classic styles, black/brown colors, and digging through thousands of listings for 70-80% off steals. Yes, luxury handbags are now the adult version of 'investing in Pokémon cards.'

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Mockingbird News

@MockingbirdNews · now

Flipping a $250 thrift store LV bag on eBay turned into a $500M empire. Who knew resale was the new retirement plan and leftover filthy laundry is cashmere?

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