The Handbag Clinic, the Newcastle-based luxury handbag restoration and preowned designer bag retailer, has announced a partnership with Selfridges Oxford Street in London.
The Handbag Clinic said the partnership is for the launch of The Stock Market — a “destination” within Selfridges’ Corner Shop “where customers can uncover the value of what they already own, exchange items for Selfridges credit and repair and restore clothing and accessories.”
The Handbag Clinic said: “The month-long takeover at The Selfridges Corner Shop sees the space transformed into a ‘trading floor’, playfully inspired by The London Stock Exchange.
“The launch is part of Worn Again, a season of secondhand and circular shopping experiences at Selfridges running until August, brought to you by Reselfridges.
“Our arrival at Selfridges Oxford Street will also enable shoppers to enjoy preloved luxury for less, snapping up the world’s most coveted brands for up to 80% of the original RRP and shop with confidence thanks to our authenticity and Circle Back guarantees.
“As a drop-off location for our resale and restoration services, Selfridges customers can sell on handbags they no longer use for a Selfridges voucher to reinvest into their latest fashion desires or extend the life of their well-loved leather luxuries through our full range of handbag and shoe cleaning and repair services.
“As gatekeepers of the luxury market, we are delighted to strengthen our community of handbag enthusiasts and to help guide them on their circular journey of buying, selling, restoring and authenticating their luxury handbags.”
The Handbag Clinic was founded in 2013 by Charlotte and Ben Staerck.
Last December, The Handbag Clinic said it had raised a significant investment from the North East Venture Fund (NEVF) and a private investor.
NEVF is supported by the European Regional Development Fund and managed by Mercia Ventures.
As part of the investment deal, The Handbag Clinic strengthened its board with three key appointments.
Tracy Lewis, who joined as chair, has held senior roles with brands including Wacoal, Marks & Spencer, Eylure and Bluebella lingerie.
Will Chalk, chief technical officer, is a marketing and data analytics consultant with experience working with luxury brands, while John Cunningham, customer service and operations manager, is the former Aftersales Manager for Chanel.