David Jones embraces second-hand
What: David Jones completes its CSR and circular initiatives by adding a second hand offer to its rental service and specific CSR label.
Why it is important: Major retailers across the planet are now entering the second hand market: Nordstrom, Selfridges, Galeries Lafayette, Printemps, Magasin du Nord, Manor, Breuninger… however so far the profitability of the model remains to be proved.
Australia-based David Jones is entering the pre-owned market through a partnership with Blue Spinach, an Australian luxury reseller. This will allow David Jones to sell second-hand items from over 30 luxury brands, hoping to reach a younger clientele base. This is not the first David Jones’ circular economy attempt: they partnered last year with Glamcorner to propose a rental offer in their flagship in Sydney on a similar model to what Selfridges is doing. Also, they launched “Mindfully made”, a label helping customers to spot the sustainable brands.
Although the profitability of the model is not proven, David Jones wants the credit of the first mover advantage in Australia.
