Luxity, founded in 2016 and headquartered in South Africa, operates as an online boutique specializing in the buying and selling of pre-owned authentic luxury goods. The company offers a wide range of coveted designer brands including handbags, shoes, accessories, and more. Luxity places a strong emphasis on the authenticity of its products, backed by a full money-back guarantee. In August 2020, the company secured a significant investment in a seed round from GrindstoneXL, marking an important milestone for its growth trajectory. Luxity's commitment to providing a seamless user experience is evident through its convenient online platform, allowing customers to browse, purchase, and receive guaranteed authentic luxury items directly to their door. Additionally, the company caters to sellers, offering a hassle-free process for individuals looking to sell their designer goods. Sellers have the option to receive immediate cash buyouts, store credit, or to list items on consignment, showcasing Luxity's flexibility and customer-centric approach. Operating at the intersection of fashion and retail industries, Luxity has positioned itself as a trusted and prominent source for luxury goods in Africa. The recent investment from GrindstoneXL is poised to further propel Luxity's expansion and solidify its standing as a leader in the region's luxury resale market.
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