According to experts, a mere 20% of items undergo a second authentication in their lifecycle. Who is to cast away the possibility of products being swapped at some point during their journey? Let’s jump into the bits!

Artificial Intelligence (AI) has taken the fashion world by storm, leaving an indelible mark on the industry and transforming the way we shop forever! Picture this: as you dive into the exciting realm of fashion, AI serves as your trusty style guru, unveiling an array of personalized suggestions tailored just for you!

But that’s not all! Witty and oh-so-helpful, AI in fashion retail has been non-negotiable in underpinning consumer trust, and brands should align their AI implementation with their core narrative and value proposition.

Today, fashion marketplaces for buying and selling pre-loved luxuries face the crucial task of navigating consumer trust while achieving a harmonious blend of human and AI interactions. This delicate balance is essential to provide seamless shopping experiences that deeply resonate with the unique needs of their customers.

As per Luxe Digital’s findings, 3% of luxury shoppers participate in selling pre-loved items, while 26% opt to purchase pre-loved products. However, the key factor that could significantly affect these figures and potentially disrupt the resale market is authentication.

The digital luxury marketplace has witnessed a steep rise in counterfeit goods. Fake items, such as Gucci, Prada, and Louis Vuitton handbags and accessories, flood the market on a daily basis. According to a report by Forbes, numerous resale platforms rely on human expertise for their authentication services and processes, which always leave room for errors.

Authentication in designer clothing is the clue.

Chanel attempted to address the issue by introducing serial-numbered cards, but they proved vulnerable to theft, loss, or replication. Luxury resale marketers are struggling. However, by employing AI technology, data analytics, and blockchain, they can effectively identify counterfeit goods and tie up loose ends.

AI proves to be a savior once again, taking authentication to the next level through automation. AI-powered tools stand among the best luxury authentication services. With AI, fashion marketplaces can harness a vast dataset containing information on over 100,000 genuine and counterfeit designer bags. By analyzing multiple photographs of a product provided as input, these tools can determine its authenticity.

An authenticity tool, for example, can incorporate cameras placed at different angles, capturing several images of a certain said-to-be authentic pre-loved luxury bag. These images are then cross-referenced against a large database that checks for extensive data points to validate the item’s authenticity. This advanced technology significantly enhances the reliability of the authentication process, providing customers with the reassurance they seek in their luxury purchases.

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To drive growth in high-growth resale categories, strategic investments are surging. However, the next significant movement in the luxury resale market is expected to revolve around the increased utilization of AI, data analytics, blockchain, and 5G technology to enhance customer engagement and mostly trust.

From The RealReal to Tradesy and Poshmark, more and more fashion marketplaces are on their toes to be at the forefront of e-commerce transparency and credibility.

If you’re often duped into buying counterfeit luxuries, AI is the trusty sidekick to get you an authentic piece. Libas Collective comprises an internal team of fashion experts who authenticate luxury items using the latest technology. So, you know you’re getting the real deal. Shop your favorite pre-loved designer clothing at ease!