Calgary’s high-end consignment scene is booming. The past two years have seen a rise in the number of new consignment businesses opening, from curated pop-ups to online boutiques, as well as banner years for decades-old brick-and-mortar stores.
While Calgary consignment is attracting more shoppers in search of a good deal, it’s also attracting more sellers, or “consignors” keen to make money. Depending on the business, consignors can receive 40 to 60 per cent of the sale price of their item, and when that item is designer, the payout can be generous.
Although designer items aren’t cheap, a pristine-condition consigned luxury bag is still cheaper than buying new. “The price of a 10-year-old Prada bag is decided by the condition it is in, things like what shape the lining is in and if the zippers are working. Regardless, though, buying a designer bag is cheaper than buying it new,” says Hadden, adding that consignment is for those who want to buy beautiful things, but in a savvy way.
Consignment shopping can also be a stand against the environmental ills of the fast-fashion industry. A healthy resale market encourages consumers to purchase higher-quality items and take better care of those pieces, as “perfect used condition” will fetch a higher price. This increases the life of each garment, subsequently decreasing the demand for items that are cheaply made and designed to be disposed of after a season of wear.
An exert from Avenue Magazine’s “The Pros of Consignment” by Meredith Bailey