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Second-hand Good
Used goods mean any item of personal property offered for sale not as new, including metals in any form except coins that are legal tender, but excluding books, magazines, and postage stamps. Risks Furniture, in particular bedding or upholstered items, may have bedbugs, if they have not been examined by an expert. Benefits Recycling goods through the secondhand market reduces use of resources in manufacturing new goods and diminishes waste which must be disposed of, both of which are significant environmental benefits.Another benefit of recycling clothes is for the creation for new pieces of clothing from combings parts of recycled clothes to make a whole new piece. This has been done by multiple fashion designers recently and has been growing in recent years. However, manufacturers who profit from sales of new goods lose corresponding sales. Scientific research shows that buying used goods reduces carbon footprint and emissions significantly compared to the complete product l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kate Rusby
Kate Anna Rusby (born 4 December 1973) is an English English folk music, folk singer-songwriter from Penistone, West Riding of Yorkshire, England. Sometimes called the "Barnsley Nightingale", she has headlined various British folk festivals, and is one of the best known contemporary English folk singers. In 2001 ''The Guardian'' described her as "a superstar of the British acoustic scene."Denselow, Robin"Kate Rusby – Queen Elizabeth Hall, London"The Guardian, ''Guardian.co.uk'', 28 June 2001 (Retrieved: 19 July 2009) In 2007 the BBC website described her as "The first lady of young folkies". She is one of the few folk singers to have been nominated for the Mercury Prize.Wilson, Sue"Lost love and other heartbreaks"The Independent, ''Independent.co.uk'', 18 June 2001 (Retrieved: 19 July 2009)"No sure bets for Mercury" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auto Auction
Auto auctions are a method of selling vehicles based on an auction system. Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well known and used by most residents. Country specific Japan Auto auctions are the most popular method to sell used vehicles in Japan. Most customers are Japanese seeking a cheap vehicle to start with or replace their older vehicle. There are many also trying to sell their vehicles. Individuals though cannot directly use auto auctions, but must go through those holding auction membership. In Japanese law, only dealerships may become members to auto auctions. The system allows people to have access to information, but keeps the auctions orderly with only professionals actually able to bid. A small percentage of the dealers that are members of Japanese auto auctions are also used vehicle exporters that most often use the auto auctions as their p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Design
Environmentally sustainable design (also called environmentally conscious design, eco-design, etc.) is the philosophy of designing physical objects, the built environment, and services to comply with the principles of ecological sustainability and also aimed at improving the health and comfortability of occupants in a building.McLennan, J. F. (2004), The Philosophy of Sustainable Design Sustainable design seeks to reduce negative impacts on the environment, the health and well-being of building occupants, thereby improving building performance. The basic objectives of sustainability are to reduce the consumption of non-renewable resources, minimize waste, and create healthy, productive environments. Theory The sustainable design intends to "eliminate negative environmental impact through skillful sensitive design". Manifestations of sustainable design require renewable resources and innovation to impact the environment minimally, and connect people with the natural environment. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Market For Lemons
''The Market for Lemons: Quality Uncertainty and the Market Mechanism'' is a widely-cited 1970 paper by economist George Akerlof which examines how the quality of goods traded in a market can degrade in the presence of information asymmetry between buyers and sellers, leaving only "lemons" behind. In American slang, a lemon is a car that is found to be defective after it has been bought. Suppose buyers cannot distinguish between a high-quality car (a "peach") and a "lemon". Then they are only willing to pay a fixed price for a car that averages the value of a "peach" and "lemon" together (''p''avg). But sellers know whether they hold a peach or a lemon. Given the fixed price at which buyers will buy, sellers will sell only when they hold "lemons" (since ''p''lemon ''p''avg). Eventually, as enough sellers of "peaches" leave the market, the average willingness-to-pay of buyers will decrease (since the average quality of cars on the market decreased), leading to even more selle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fashionphile
Fashionphile is an online fashion resale website where consumers can buy and sell women’s luxury designer used handbags, accessories and jewelry. Fashionphile has brick-and-mortar locations in Beverly Hills, San Francisco, New York City and Carlsbad, California. History Fashionphile was founded by Sarah Davis in 1999. She started the business while she was in a law school. In 2006, Davis partnered up with her brother-in-law Ben Hemminger to expand the business and moved it to Beverly Hills, California. They originally sold pre-owned luxury handbags on eBay, and in 2007 launched a website to sell the products. In 2008, they opened their first store space off Rodeo Drive and Wilshire Blvd in Beverly Hills. The company’s growth drove its next move shortly afterwards to open their new store on Maiden Lane in San Francisco in 2009. In 2011, Fashionphile moved to their current Maiden location. In 2012, Fashionphile opened a warehouse headquarters in Carlsbad, California Carlsbad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The RealReal
The RealReal, Inc. is an online and brick-and-mortar marketplace for staff-authenticated luxury consignment. Based on the circular economy, The RealReal sells consigned clothing, fine jewelry, watches, fine art and home decor. It employs an in-house staff of experts including horologists, gemologists, art curators and luxury fashion authenticators who inspect items for authenticity and value; however, the company has received criticism for selling counterfeit merchandise, including from ''Forbes'', which states often a single copywriter, not an authenticator, provides the only inspection for many items sold by The RealReal. History The RealReal was founded in 2011 by Julie Wainwright, an e-commerce entrepreneur. By July 2018, the company had raised $288 million in venture capital funding. In 2017, The RealReal opened its first permanent retail store in New York City and opened pop-ups in San Francisco and Las Vegas. In 2018, it opened its second location in Los Angeles. In 2019 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secondary Market
The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold. The initial sale of the security by the issuer to a purchaser, who pays proceeds to the issuer, is the primary market. All sales after the initial sale of the security are sales in the secondary market. Whereas the term primary market refers to the market for new issues of securities, and " market is primary if the proceeds of sales go to the issuer of the securities sold," the secondary market in contrast is the market created by the later trading of such securities. With primary issuances of securities or financial instruments (the primary market), often an underwriter purchases these securities directly from issuers, such as corporations issuing shares in an IPO or private placement. Then the underwriter re-sells the securities to other buyers, in what is r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reseller
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them rather than consuming or using them. This is usually done for profit (but can be done at a loss). One example can be found in the industry of telecommunications, where companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers. According to the Institute for Partner Education & Development, a reseller's product fulfillment–based business model includes a corporate reseller, retail seller, direct market reseller (DMR), and an internet retailer (eTailer); less than 10 percent of its revenue comes from services. Internet Resellers are known to conduct operations on the Internet through sites on the web. For example, this occurs where individuals or companies act as agents for ICANN accredited registrars. They either sell on commission or for profit and in most cases, but not all, the purchase from the reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regiving
Regifting or regiving is the act of taking a gift that has been received and giving it to somebody else, sometimes in the guise of a new gift. Concept Regifting differs from straightforward giving in that goods are not acquired specifically for donation. Typically, goods that have been received as a gift are offered to others, unbeknown to them that it was originally a gift to the person offering it. Often the motives are principally charitable but also includes giving items which are surplus to one's needs. However, re-gifting also refers to the act of giving away unwanted gifts as a way of disposing them. Regiving differs from recycling in that recycling is most often associated with breaking components down and rebuilding into new products. Etymology The term was popularized by a 1995 episode of the NBC sitcom ''Seinfeld'' ("The Label Maker"), although the practice pre-dates the term considerably. In the episode, the character Elaine calls Dr. Tim Whatley a "regifter" after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rebag
Rebag is a New York-based online and brick-and-mortar retail platform, founded in 2014, for buying, trading, and selling luxury handbags, accessories, watches, fine jewelry, shoes, and select apparel. Description Rebag was founded, in 2014, by CEO Charles Albert Gorra and former CMO Erwan Delacroix, under the parent company Trendly Incorporated. Rebag is a digital and brick-and-mortar retail platform on which customers can buy and sell luxury designer handbags, accessories, watches, fine jewelry, shoes, and select apparel. "Rebag's inventory includes about 99 luxury brands such as Louis Vuitton, Hermès, Chanel, Prada, Cartier, Tiffany & Co., Rolex, Rick Owens, Maison Margiela, Christian Louboutin, and Gucci. There are two options in which to shop and sell, either online or in-store. Since 2014, the company has raised approximately $52 million in venture capital led by General Catalyst, Novator, and FJ Labs. Locations Headquartered in New York City, Rebag currently operat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recommerce
Recommerce or reverse commerce is the selling of previously owned, new or used products, mainly electronic devices or media such as books, through physical or online distribution channels to buyers who repair, if necessary, then reuse, recycle or resell them. History of the term In February 2005, George F. Colony, the head of Forrester Research introduced the term ''recommerce'' in response to a question about the technology spending trends after the Dot-com bubble: "There's a lot of shelf-life issues out there. People are a couple of releases behind. Older PCs. There is a move to really go back to — we call it 'recommerce'. Instead of 'ecommerce', it's 'recommerce'". He said. The term is now primarily used to describe businesses which resell used goods. Most of them focus on consumer electronics, such as smartphones, tablets, and notebooks. Physical media, such as books, DVDs, and blue ray discs are also significant. While there have long been channels for selling used goods, s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regifting
Regifting or regiving is the act of taking a gift that has been received and giving it to somebody else, sometimes in the guise of a new gift. Concept Regifting differs from straightforward giving in that goods are not acquired specifically for donation. Typically, goods that have been received as a gift are offered to others, unbeknown to them that it was originally a gift to the person offering it. Often the motives are principally charitable but also includes giving items which are surplus to one's needs. However, re-gifting also refers to the act of giving away unwanted gifts as a way of disposing them. Regiving differs from recycling in that recycling is most often associated with breaking components down and rebuilding into new products. Etymology The term was popularized by a 1995 episode of the NBC sitcom ''Seinfeld'' ("The Label Maker"), although the practice pre-dates the term considerably. In the episode, the character Elaine calls Dr. Tim Whatley a "regifter" after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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