In a groundbreaking decision that will transform the luxury fashion industry, Prada has purchased Versace for €1.25 billion (around $1.36 billion). This purchase signifies the conclusion of Versace’s time under Capri Holdings, which acquired the brand in 2018 for $2.1 billion. This agreement restores Versace to Italian ownership, reuniting two of Italy's most powerful fashion brands and enabling P...
Did you ever think about how much your closet might be worth? Are you considering liquidating some of your assets? Here’s how to sell your asset in just a few simple steps! Selling an asset can sometimes feel overwhelming, but with BUYVEST, it’s efficient, effortless, and seamless. Whether you have an asset you no longer use or a valuable belonging, we have streamlined the entire process to help y...
In today’s fast-moving digital world, having an accurate location system is very important, especially for deliveries and logistics. In Kuwait, the Public Authority for Civil Information (PACI) introduced the PACI number, a system that makes finding locations easy and accurate.What is the PACI Number? The PACI number is an 8-digit code given to every building in Kuwait, including apartments, villa...
Technology acquisition from U.S. resale goods partner Backflip announced with the global exchange platform’s first market in Kuwait Kuwait City, Kuwait, 11 March 2025: BUYVEST, the avant-garde destination for trading authenticated luxury assets through a curated exchange and auction platform, today announced its strategic partnership with Backflip, a U.S. resale technology company. The agreement m...
Luxury brands are facing challenges as demand slows. Bernard Arnault, the head of LVMH, saw his wealth drop significantly due to a 16% decline in the company’s share price this year. In response, savvy travel retailers are shifting their focus from high-priced boutiques to the growing market of "pre-loved" luxury goods to boost sales. Germany-based retailer Gebr. Heinemann recently opened a 215-sq...
Looking to expand your collection with stunning pre-loved luxury items? Look no further than BUYVEST! We offer a curated selection of authenticated treasures, exceptional customer service, and a secure buying experience you can trust. Here's why BUYVEST is your perfect destination for pre-loved luxury: Guaranteed Authenticity: Peace of mind is priceless. Every item on our platform undergoes meticu...
Do you have a collection of pre-loved luxury items waiting for a new home? At BUYVEST, we offer a seamless and secure platform to sell your treasures and connect with a dedicated audience of eager buyers. Here's why BUYVEST is the perfect partner for your pre-loved luxury selling journey: Unmatched Authenticity and Confidence: Breathe easy – we provide world-class authentication services and certi...
The Rising Trend of Luxury Handbag Flipping The luxury resale market is experiencing a surge in popularity, largely driven by Gen Z and millennial consumers. These savvy individuals have found a lucrative new hobby in flipping designer handbags, resulting in significant profits. One such success story is Nica Yusay, who turned her passion for thrifting into a thriving vintage designer bag resale b...
In the world of refined tastes and timeless styles, caring for and storing your luxury handbags is an art that ensures the enduring beauty of these cherished possessions. At BUYVEST, we understand the importance of preserving the essence of trust that accompanies every handpicked accessory. Join us on a journey into the meticulous care and storage practices that befit the world of unparalleled lux...
In the realm of fashion, few items hold as much prestige and enduring appeal as luxury handbags. These meticulously crafted accessories, often adorned with iconic designs and exquisite materials, have transcended their utilitarian purpose to become coveted symbols of status, sophistication, and refined taste. Their allure extends beyond mere aesthetics, as they often represent significant financia...
Welcome to BUYVEST, your premier destination for the seamless buying and selling of pre-loved luxury handbags and watches. Our innovative platform, accessible through both our website and mobile apps, is designed to redefine the entire experience. Our Unique Value Proposition, “Discover the Essence of Trust,” encapsulates the core principles that set us apart. We recognize the paramount importance...
Welcome to BUYVEST, where we redefine the pre-loved luxury market. Our platform, accessible via website and apps, ensures a seamless experience for selling and buying authenticated luxury handbags and watches.
