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Artemest raises $1.2 million to expand luxury lifestyle marketplace

Artemest, an online luxury marketplace based in Milan, Italy, has raised $1.2 million in seed funding. The investment round was led by Italian Angels for Growth aka IAG, with participation from Alina Lundry, Kirstie Steiner. Shark Bites, a venture capital holding company whose main shareholder is Fabio Cannavale, founder and CEO at lastminute.com and family office Rancilio Cube represented by …

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TrueFacet launches TrueTrade to help shoppers trade in pre-owned jewelry

TrueFacet just launched TrueTrade a new service that lets shoppers trade in their pre-owned luxury jewelry just in time for the holidays. As an alternative to purchasing new luxe jewels, which can be quite pricey, especially around the busiest shopping time of the year, shoppers can now trade-in these items towards a new piece. True Facet’s CEO, Tirath Kamdar, says …

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The RealReal launches first holiday pop-up shop

Some good holiday news for you luxury consignment shoppers. The RealReal is launching its first-ever pop-up shop in New York City. Located at 79 Greene St in SoHo, the 3,000 sq. ft. pop-up is the e-commerce company’s first brick-and-mortar store. The pop-up will open Dec.1 to Dec 15 and give shoppers access to the site’s “most coveted luxury items across …

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Rent the Runway and Neiman Marcus launch first shop-in-shop partnership

Rent the Runway has found a new home in Neiman Marcus and pathway to more affluent customers. The online clothing and accessories service just announced that it will open its first shop-in-shop with the storied retailer in its San Francisco, California location. Shoppers can rent from designers including Marni, Derek Lam and Diane von Furstenberg and buy shoes, handbags, undergarments …

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