By  on January 14, 2020

Newsflash: Consignment isn’t the only way to get value for your Chanel.

HauteTrader is the latest online platform to enter the fast-growing resale market. The web site, founded by former designer and stylist Hope-Noelle Davenport, allows luxury lovers to trade their items with fellow fashion enthusiasts. The concept offers an alternative to popular resale platforms such as The RealReal, GOAT or Poshmark. Unlike those platforms, HauteTrader allows users to maintain the overall value of their closet by trading individual items for ones of equal value — instead of selling them for a commission.

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