INTELLIGENCE

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Cudoni

Description:

Cudoni sets itself apart from other fashion resale sites by offering a luxury experience to sellers and buyers, it covers not just fashion but luxury watches, luggage, homeware and technology too. It also claims sellers earn far more for their items than if they sold them on generic resale sites.

To sell users either contact the company online or via telephone, a Cudoni representative will collect the items (the company ensures items are packed for transit and insured), and it will photograph them for display on its site. It then employs its algorithm to ensure that the right buyers are targeted, and the highest possible price is achieved. The customer receives 70% of the net sales price.

In June, the luxury resale site set up five years ago by entrepreneur James Harford-Tyrer, received backing from a string of high profile backers including the Daily Mail and General Trust (DMGT) and Charles Thywhitt founder Nick Wheeler.

Other investors in the London-based business, which operates globally, include Lord Davies of Abersoch, a former Labour government minister and chairman of Standard Chartered, Matt Cooper, who recently became chairman of Cudoni, and Giles Brook, chief executive of coconut water brand Vita Coco, The Times reports.

Harford-Tyrer said the investment would help fuel the rapid expansion of the company at a time when consumers are seeking more sustainable ways of living.

Contact Information
Head Office Address:
86-90 Paul Street, London EC2A 4NE
Head Office Telephone: 020 3823 6093
Website:
PR Company:

Cudoni handles their own PR.
press@cudoni.com

Company Information
Marketplace Type: Resale & Rebuy
Segments / Shopping Categories:

Womenswear; Shoes; Accessories; Watches; Jewellery

Number of Brands Stocked: Approx 50
Key Brands Stocked:

Burberry; Chanel; Fendi; Erdem; Gucci; Hermes; Needle and Thread; YSL

Payment Methods:

Credit card; Debit card; PayPal

Delivery Options:

Standard delivery; Next day delivery

Number of Countries Shipped To: Approx 20
Key Countries Shipped To:

UK; USA; UAE; Europe; Australia; Canada

Key Executives
Chief Executive:

James Harford-Tyrer

Product/Trading Director:

Max Cooke

Social Media
Linked-in:

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