Yoogi's Closet
- Company typePrivate
- Founded2008
- HeadquartersSeattle, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Yoogi's Closet firmographics
Firmographics- Name
- Yoogi's Closet
- Legal name
- Yoogi's Closet, Inc.
- Website
- https://yoogiscloset.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Yoogi's Closet industry classification
Industry- Product category
- Pre-owned Luxury Resale
- NAICS
- Used Merchandise Retailers (459510), Clothing, Clothing Accessories, Shoe, and Jewelry Retailers (458), Jewelry, Luggage, and Leather Goods Retailers (4583)
- SIC
- Retail-Catalog & Mail-Order Houses (5961), Retail-Department Stores (5311)
- akta.pro primary industry
- Authenticated Luxury Resale Marketplaces (CRAKAKAA)
- akta.pro secondary industries
- Luxury Consignment Boutiques (Online/Offline) (CRAKAKAE), Pre-owned, Vintage & Resale Luxury (Multi-category) (CRAKAFAN)
Keywords
Where Yoogi's Closet is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Yoogi's Closet business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Direct Sales of Authenticated Luxury Goods: Yoogi's Closet purchases pre-owned luxury items from sellers and resells them directly to consumers. The company takes ownership of inventory and bears the risk of unsold items. Revenue is generated through the margin between purchase price and retail selling price.
- Consignment Services: Yoogi's Closet accepts luxury items on consignment, selling them on behalf of owners for a commission fee. Sellers receive payment after the item sells, minus the consignment service fee. The company photographs and merchandise items for listing on the website.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Individual item pricing based on brand, condition, and market value |
Go-to-market motion3 records
Distribution channels1 record
Marketing channels5 records
Yoogi's Closet product offering
Product offeringCore offering
Yoogi's Closet buys and consigns authenticated pre-owned designer luxury goods and resells them to consumers through its own e-commerce storefront. The catalog spans handbags, shoes, accessories, jewelry, and clothing from over 50 luxury brands including Chanel, Louis Vuitton, Hermès, Gucci, and Prada, priced at discounts up to 80% off original retail.
Product overview
Yoogi's Closet is a pre-owned luxury goods marketplace offering authenticated designer handbags, shoes, accessories, jewelry, and clothing from over 50 luxury brands including Chanel, Louis Vuitton, Hermes, Gucci, Prada, and others. The platform operates with two core service models: direct purchase for buyers seeking authenticated pre-owned luxury goods at up to 80% off retail prices, and a sell-to-us/consignment service for sellers. The company guarantees 100% authenticity on all items through professional authentication processes and offers free domestic shipping and a 15-day return policy.
Differentiator
Problem solved
Functional benefit
Products and services
- Pre-owned Luxury Handbags Authenticated pre-owned designer handbags from brands including Chanel, Louis Vuitton, Hermès, Gucci, and Prada, with categories such as clutches, crossbody bags, totes, backpacks, and evening bags.
- Pre-owned Designer Shoes Pre-owned designer footwear including heels, flats, boots, sandals, sneakers, loafers, clogs, and wedges from brands like Christian Louboutin, Chanel, Gucci, and Valentino.
- Pre-owned Luxury Accessories Designer accessories including wallets, sunglasses, belts, scarves, travel and luggage, key chains, cosmetic bags, and men's accessories from luxury brands.
- Pre-owned Luxury Jewelry Fine pre-owned jewelry including bracelets, earrings, necklaces, rings, pendants, brooches, and watches from brands such as David Yurman, Cartier, Tiffany & Co., and Van Cleef & Arpels.
- Pre-owned Designer Clothing Pre-owned designer ready-to-wear clothing including dresses, tops, sweaters, coats, jackets, pants, skirts, and suits from luxury brands at prices up to 70% off retail.
- Sell to Us / Consignment Service Service allowing luxury item owners to receive custom purchase quotes within 1-2 business days and choose between direct sale payment or consignment, with 80% of consigned items reportedly selling within 30 days.
- Authenticated Sale Items Discounted authenticated pre-owned luxury items featured across all categories at further reduced prices via the Sale Items collection.
Quantifiable outcome
- Sells 80% of consignment items within 30 days
- +2 more outcomes
Companies that use Yoogi's Closet
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Yoogi's Closet technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature1 record
Yoogi's Closet partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AffirmminorAffirm provides buy-now-pay-later financing options for Yoogi's Closet customers. Customers can pay off purchases over 3, 6, or 12 months with Affirm online financing. Available only to US residents.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Yoogi's Closet competitors and assessment
Company assessmentDirect peers
- Rebag: Authenticated luxury handbag resale platform with buy, sell, and consignment services. Specializes in the same Chanel, Hermès, Louis Vuitton handbag categories Yoogi's Closet highlights, with a comparable authentication-led value proposition.
- The RealReal: The leading US authenticated luxury resale marketplace, offering consignment and direct sale of pre-owned designer items including handbags, shoes, jewelry, and clothing. Directly competes with Yoogi's Closet on the same buy/sell marketplace model with in-house authentication, but at substantially greater scale.
- Vestiaire Collective: Global authenticated luxury resale marketplace with C2C and consignment models across fashion, accessories, and watches. Closely comparable business model to Yoogi's Closet, with stronger international footprint and significant venture funding.
- Fashionphile: Pre-owned luxury handbag and accessories specialist with both online and physical showroom presence. Direct competitor on handbag-led authenticated resale, with buy-outright and consignment models. Now part of The RealReal.
- 1stDibs: Online marketplace for luxury items including vintage and pre-owned fashion, jewelry, and accessories. Comparable marketplace structure with authentication focus and seller-commission model, though with a broader luxury and art scope.
Broad incumbents
- Sotheby's: Global auction house with a luxury resale and private sales division covering jewelry, watches, handbags, and fashion. Overlaps on high-end authenticated luxury goods but operates through auction/private sale channels rather than fixed-price e-commerce.
- Christie's: Major auction house offering authenticated luxury items including jewelry, watches, handbags, and designer fashion. Comparable on authentication rigor and luxury category overlap, but via auction model rather than fixed-price online marketplace.
- StockX: Authenticated resale marketplace built around third-party authentication, with categories spanning sneakers, handbags, watches, and luxury accessories. Comparable on authentication-as-differentiation and resale marketplace model, though with stronger tech infrastructure and sneakers as primary category.
- ThredUp: Large online resale platform operating across apparel and accessories with a managed-marketplace consignment model. Comparable on consignment structure but operates at mass-market price points rather than premium authenticated luxury.
- Poshmark: Social marketplace for buying and selling new and pre-owned apparel, accessories, and shoes. Comparable on the C2C resale marketplace model but lacks the authentication-led positioning that defines Yoogi's Closet's luxury value proposition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Yoogi's Closet social profiles
Digital presenceYoogi's Closet compliance and trust
Trust signalCompliance2 records
Yoogi's Closet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yoogi's Closet leadership team
Management profileNumber of profiles
Profiles1 record
Yoogi's Closet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yoogi's Closet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yoogi's Closet
What does Yoogi's Closet do?
Yoogi's Closet buys and consigns authenticated pre-owned designer luxury goods and resells them to consumers through its own e-commerce storefront. The catalog spans handbags, shoes, accessories, jewelry, and clothing from over 50 luxury brands including Chanel, Louis Vuitton, Hermès, Gucci, and Prada, priced at discounts up to 80% off original retail.
Is Yoogi's Closet a public or private company?
Yoogi's Closet is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Yoogi's Closet founded?
Yoogi's Closet was founded in 2008. It employs 1 to 10 people.
Where is Yoogi's Closet based?
Yoogi's Closet is headquartered in Seattle, United States, in the North America region.
How does Yoogi's Closet make money?
Two revenue lines are on record. Direct Sales of Authenticated Luxury Goods are the primary driver. The others are consignment Services.
Who are Yoogi's Closet's main competitors?
Direct peers on record are Rebag, The RealReal, Vestiaire Collective, Fashionphile and 1stDibs. Broad incumbents are Sotheby's, Christie's, StockX, ThredUp and Poshmark.
Does Yoogi's Closet have an API?
No public API is recorded for Yoogi's Closet.
What industry is Yoogi's Closet in?
Yoogi's Closet's product category is Pre-owned Luxury Resale. Its primary akta.pro industry code is CRAKAKAA, Authenticated Luxury Resale Marketplaces, with a secondary code of CRAKAKAE, Luxury Consignment Boutiques (Online/Offline). Its NAICS code is 459510 and its SIC code is 5961.