{"id":138231,"date":"2024-04-23T15:43:35","date_gmt":"2024-04-23T13:43:35","guid":{"rendered":"https:\/\/luxus-plus.com\/tiktok-shop-enters-the-luxury-second-hand-market-in-the-uk\/"},"modified":"2024-04-23T15:47:22","modified_gmt":"2024-04-23T13:47:22","slug":"tiktok-shop-enters-the-luxury-second-hand-market-in-the-uk","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/tiktok-shop-enters-the-luxury-second-hand-market-in-the-uk\/","title":{"rendered":"TikTok Shop enters the luxury second-hand market in the UK <img class=paid src=\/paid.png>"},"content":{"rendered":"<h4>Threatened with a ban in the US and in the crosshairs of European authorities, the Chinese social network has just announced the launch of a second-hand luxury category in the UK on its marketplace, TikTok Shop.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>Following its <b><strong>introduction in the United States<\/strong><\/b> six months ago, <b><strong>TikTok Shop<\/strong><\/b>, the marketplace of the famous social network adored by young people, is<b><strong> launching a second-hand luxury category in the UK<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>The social network&#8217;s stated aim is to enable &#8220;the community to browse and<b><strong>buy authentic luxury fashion without ever having to leave TikTok<\/strong><\/b> &#8221; and &#8220;learn more about luxury fashion, find style inspiration and buy must-have pieces&#8221; announces the social network owned by <b><strong>Chinese company ByteDanse<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>While the <b><strong>hashtag &#8220;pre-loved-fashion&#8221;<\/strong><\/b> has already generated <b><strong>over 62,000 creations on TikTok<\/strong><\/b>, &#8220;this launch will enable second-hand fashion brands to reach a whole new audience, as the TikTok community looks for more sustainable and accessible ways to embrace luxury fashion&#8221; assures <b><strong>Jan Wilk, Head of Operations at TikTok Shop UK<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>For this UK start-up, it will be possible to buy luxury clothing, handbags and other accessories online, with access, for now, to just <b><strong>five UK resale companies approved<\/strong><\/b> by Tik Tok Shop, namely<b><strong> Sellier, Luxe Collective, Sign of the Times, HardlyEverWornIt and Break Archive<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<h2>Logical entry points<\/h2>\n<p>These are logical entry points, as they have &#8220;<b><strong>already met with great success on TikTok<\/strong><\/b>&#8220;. <b><strong>Sign of the Times<\/strong><\/b> has <b><strong>over 2.7 million &#8220;likes<\/strong><\/b>&#8221; on the Chinese social network, while <b><strong>Luxe Collective has 1.6 million followers<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>&lt;img class=paid src=\/paid.png&gt;<\/p>\n<p>These British platforms are also already <b><strong>well established in their markets, often with a phygital profile<\/strong><\/b>. Sign of the Times opened its store in Chelsea back in 1976, before launching online. <b><strong>Sellier,<\/strong><\/b> known for its demanding curation, with <b><strong>brands such as Chanel, Dior and Herm\u00e8s,<\/strong><\/b> is expanding rapidly, with physical stores in London and Monaco, as well as a website and app.<\/p>\n<p>&nbsp;<\/p>\n<p>Hardly Ever Worn It<b><strong>(HEWI<\/strong><\/b> ), on the other hand, is an online <b><strong>pure-player<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;We&#8217;ve built up a loyal customer base on TikTok, with hundreds of thousands of followers, so it seemed natural to enter the second-hand category. We&#8217;ve just launched our Sellier Selected marketplace, and <b><strong>this partnership with TikTok Shop allows us to pursue our mission: to make luxury fashion more accessible<\/strong><\/b> to everyone,&#8221; said <b><strong>Hanushka Toni, Sellier&#8217;s co-founder and CEO<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>Since its launch in 2022, <b><strong>TikTok Shop has sold over a billion dollars&#8217; worth of products<\/strong><\/b>. But it is criticized as likely to damage the image of the historic app, by helping the<b><strong> circulation of low-quality or even counterfeit products<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<h2>Reassuring users<\/h2>\n<p>&nbsp;<\/p>\n<p>Aware of the fact that <b><strong>counterfeit goods are flourishing on the online market, even on well-known platforms<\/strong><\/b> such as Amazon, Tik Tok Shop is seeking to reassure its future users and the brands that will be exposed.<\/p>\n<p>&nbsp;<\/p>\n<p><b><strong>In the United States<\/strong><\/b>, every second-hand brand featured on TikTok Shop must provide <b><strong>certificates from third-party authenticators<\/strong><\/b>. TikTok Shop works with services such as<b><strong>Entrupy and Real Authentication<\/strong><\/b> for the designer handbags it displays.<\/p>\n<p>&nbsp;<\/p>\n<p>And<b><strong> in the UK<\/strong><\/b>, the five platforms present on TikTok Shop have their <b><strong>own authentication procedures<\/strong><\/b>, assures a spokesperson. According to Bloomberg, TikTok Shop has also joined forces with <b><strong>LVMH, the world&#8217;s number one luxury goods company,<\/strong><\/b> to develop a common approach to counterfeiting.<\/p>\n<p>&nbsp;<\/p>\n<p>Finally, if, despite these precautions, a buyer has acquired a counterfeit product on its marketplace, the social network guarantees a full refund.<\/p>\n<p>&nbsp;<\/p>\n<h2>Ever more services.<\/h2>\n<p>&nbsp;<\/p>\n<p>Tik Tok continues to seduce its users with ever more services.<\/p>\n<p>&nbsp;<\/p>\n<p>The younger generation&#8217;s taste for fashion, luxury and the circular economy, as well as their more limited means than their elders, make this <b><strong>latest initiative relevant<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>The value of the <b><strong>second-hand luxury<\/strong><\/b> market is estimated at <b><strong>$49.3 billion (45 billion euros) in 2023<\/strong><\/b>. TikTok is already well positioned, with over 144,000 posts using the hashtag #secondhandfashion, resulting in around 1.2 billion views. However, TikTok Shop&#8217;s move into the luxury second-hand market means it faces <b><strong>competition from established players<\/strong><\/b> such as <b><strong>The RealReal, Vestiaire Collective, Depop, Poshmark and Mercari<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<h2>Suspicion of espionage<\/h2>\n<p>&nbsp;<\/p>\n<p>The aim is for the social network to make itself ever more addictive for its users. And this at a time when it is <b><strong>in the crosshairs of many governments,<\/strong><\/b> which are wary of this Chinese application, <b><strong>likely to use its users&#8217; data for espionage purposes<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>Most<b><strong> European Union<\/strong><\/b> authorities<b><strong> have banned employees from using the application<\/strong><\/b> on their professional (but not private&#8230;) cell phones.<\/p>\n<p>&nbsp;<\/p>\n<p>Many <b><strong>European countries<\/strong><\/b> (France, Belgium, Netherlands, Denmark, Norway, etc.), as well as<b><strong> the UK, USA, Canada, Taiwan and New Zealand,<\/strong><\/b> have also imposed such a <b><strong>ban on their civil servants<\/strong><\/b>. At a time when it is battling China in the Himalayas,<b><strong> India has banned the social network completely from its population<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>A similar threat looms on the other side of the Atlantic. <b><strong>Last Saturday, the House of Representatives passed a law requiring ByteDance, TikTok&#8217;s Chinese parent company, to sell the application within a few months.<\/strong><\/b> This measure still has to be passed by the Senate and signed into law by Joe Biden, who is in favor of it.<\/p>\n<p>[\/arm_restrict_content]<br \/>\n<br \/>\n\t\t<section data-elementor-type=\"section\" data-elementor-id=\"113401\" class=\"elementor elementor-113401 elementor-101048\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div class=\"elementor-element elementor-element-6ff873b e-flex e-con-boxed e-con e-parent\" data-id=\"6ff873b\" data-element_type=\"container\" data-e-type=\"container\" 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src=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier.webp\" class=\"attachment-full size-full wp-image-137641\" alt=\"\" srcset=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier.webp 1280w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-300x159.webp 300w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-1024x544.webp 1024w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-768x408.webp 768w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-480x255.webp 480w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-750x398.webp 750w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<br \/>\n<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/ebay-opens-up-to-luxury-clothing\/\">EBAY OPENS UP TO LUXURY CLOTHING<\/a><\/p>\n<p>Featured Photo: \u00a9 Unsplash<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Threatened with a ban in the US and in the crosshairs of European authorities, the Chinese social network has just announced the launch of a second-hand luxury category in the UK on its marketplace, TikTok Shop.<\/p>\n","protected":false},"author":457,"featured_media":138229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"After the United States, Tik Tok Shop brings the sale of second-hand luxury goods to the 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