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eBay will now verify luxury handbags sold on the site
eBay is now offering a new service for sellers of high-end handbags. Today the company launched eBay Authenticate, a program that photographs, lists, sells, ships and verifies the authenticity of luxury handbags from 12 major brands. eBay says the goal is to provide would-be buyers with more confidence in the items they're about to throw down a lot of money for.
Luxury fashion brands slowly embrace internet shopping
Luxury fashion brands have been notoriously reluctant to embrace the internet. While you can find their wares on some third-party stores, you typically have to visit an old-fashioned retail store if you want to buy straight from the source. However, that's set to change. LVMH, the owner of many of the world's biggest luxury brands (including Bulgari, Givenchy and Louis Vuitton), is launching its own online store in June.