Luxe Collective, a luxury resale platform based in Liverpool, recently received a substantial £100,000 investment from a renowned entrepreneur on the BBC’s Dragons’ Den panel. Among the investors interested in the business were Steven Bartlett and fashion industry expert Touker Souleyman, but ultimately, Luxe Collective chose to accept Bartlett’s offer, which granted him a 3% equity stake in the company.
Founded by brothers Ben and Joe Gallagher in 2018, Luxe Collective provides an online platform for individuals to buy and sell authenticated luxury goods. The platform showcases an extensive collection of items from well-known luxury brands such as Chanel, Dior, Celine, and Loewe, among many others. Luxe Collective has been able to establish a strong presence on social media, boasting over 523,000 followers on Instagram and 1.6 million on TikTok.
One of the decisive factors that led the Gallagher brothers to accept Steven Bartlett’s investment offer was his immensely popular podcast, “The Diary of a CEO”, which they found incredibly inspiring as they were building their business. During their appearance on Dragons’ Den, the brothers were accompanied by their Chief Operations Officer, Oliver Millar.
Luxe Collective’s primary goal is to provide a stress-free selling experience for private individuals while ensuring peace of mind for buyers through their comprehensive authentication and order tracking services. Moreover, the company’s YouTube channel offers regular product reviews, and it hosts Live Shopping events to showcase its remarkable inventory.
CEO Ben Gallagher expressed his excitement at the prospect of sharing Luxe Collective’s story and vision on such a highly respected platform like Dragons’ Den. He believes that this is only the beginning for the company and promises that we can expect to hear more from them in the future.
With the significant investment secured, Luxe Collective is well-positioned to continue making waves in the preloved luxury industry. The company’s commitment to providing high-quality, authenticated products, coupled with its strong online presence, sets it apart in the highly competitive resale market. As the company continues to grow, it aspires to push boundaries and redefine the preloved luxury experience.
Useful links to learn more about Luxe Collective:
1) Luxe Collective Official Website
2) Luxe Collective Instagram
