Entrupy Recognized as Key Player in Growing Authenticated Luxury Collectibles Market

Authenticated Luxury Collectibles Services Market Is Expected to Boom- TheRealReal, Vestiaire Collective, Entrupy

Entrupy has been identified as a key player in the rapidly growing Authenticated Luxury Collectibles Services market, which is expected to experience significant growth from 2024 to 2031. This recognition highlights Entrupy's strong position alongside other major competitors like TheRealReal and Vestiaire Collective, indicating a positive outlook for the company in this expanding sector.

Entrupy

Entrupy provides AI-powered authentication and verification solutions for luxury goods and sneakers to secure inventory and protect supply chains and transactions at retail and resale.

Entrupy is the only company using artificial intelligence to instantly authenticate luxury handbags and accessories. Our mission is to become the Verisign of physical goods to attack the $1.7 trillion sales of counterfeit goods globally. Entrupy’s authentication service uses patented computer vision algorithms and microscopy to bring trust to transactions of high-value physical goods. Currently in use by hundreds of secondary resellers and marketplaces worldwide, Entrupy provides the only independent, scalable technology capable of objectively authenticating luxury products. 

Swift Ventures

Daiwa Securities Group

DG Lab

Clark Landry

Zach Coelius

Red Hook Capital

AAFM

Daniel Curran

Entrupy's community requested the brands. Trend reports & data analysis backed the demand. Our team developed the tech. ✅✅✅
 
BALENCIAGA, Alexander McQueen, and Gucci are now LIVE on Entrupy Sneakers! 

​Mcqueen’s Oversized Sneaker and Balenciaga’s Speed & Triple S sneaker have become staples in the streetwear scene.

Pawn shops, consignment stores, and sneaker marketplaces can now authenticate each pair with nearly 100% accuracy.

Want to see the tech @ work? Drop your questions below, send us a DM, or book a demo directly. 

#AI #resellers #marketplaces #machinelearning

Entrupy Verified Business, LePrix has quickly become the largest global platform for pre-owned, authenticated luxury goods. And we're proud to be part of their authentication layer. 🔒

When you are competing on a global scale, you need speed, accuracy, and TRUST. ​

To learn more about the power of tech in luxury resale (and how you can implement AI to grow your business), check out the full scoop from MarTech: https://hubs.la/Q02DTM0M0 

✏️ Kim Davis

#AI #resellers #marketplaces #machinelearning

What does staying ahead of the counterfeit market mean to us?

It means never taking our foot off the gas. ⛽️

​Dive into the complexities of counterfeiting, its hidden impacts on workers and the environment, and Entrupy’s mission to combat this global challenge with our CEO, Vidyuth Srinivasan here: https://lnkd.in/drmixMd4 

#AItech #machinelearning #luxuryresale

There is already more clothing on the planet than we could ever possibly wear.

Fast fashion is producing lower quality items that are literally designed to be thrown away—and hauls on TikTok push the idea that buying a whole new wardrobe every season is normal. 

Global emissions are expected to increase 50% by 2030 if nothing changes. Here’s what to do about it. 

👉 Wear what you have.
Outfit repeating is NOT a crime—even if you posted it on Instagram. 
When you have an event coming up, pull something from your closet instead of buying new.
​
👉 Take care of your clothes.
When you stop thinking of your clothes as disposable, you start paying better attention to how you treat them.
If you have something in your wardrobe that gets damaged, try having the item mended instead of shipping it off to the landfill. 
We’re not saying you need to learn to darn a sock—although you totally could. 

👉 Check out clothing swaps.
Clothing swaps are usually free and feature a variety of styles and sizes—they’re also a great way to build deeper connections with your community. 
If you’re feeling shy, just set up clothing swaps with the friends you already have. You can all take home pieces that are new to you without spending any money. 

👉  Shop resale. 
If you HAVE to buy something, shop resale. You can find all your favorite brands on the resale market—even luxury bags. 
When you shop resale instead of new, brands tend to get stuck with overproduced stock. That stock comes to the market through sales are overstock sellers. 
Ultimately, the brands decide to produce less in order to lose less revenue.
​
It can’t be done by just one person, but if we all make smarter choices for the environment, we will see those changes make an impact. 

#AI #resellers #marketplaces #pawnshops #techforgood #sustainability

You made sure the product was the real deal when you purchased it. But is it the same product being returned? 

Return fraud (or return swap) is a phenomenon that impacts buyers AND sellers. And it's not JUST dishonest. It can be downright dangerous. 

Are your customers protected? Is your business protected? ​
If you’re new here, hi! 👋 We build scalable AI-powered solutions for brands, manufacturers + resellers. Follow Entrupy for the latest trends in luxury and sneaker resale. 

#AI #resellers #marketplaces #machinelearning

Today is World Anti-Counterfeiting Day 🖤

We stand with the solopreneurs, small businesses, and resale marketplaces that are directly impacted by counterfeit goods. We stand with consumers who trust that the products they're buying are the products they receive. We stand with the creative directors, designers, and artists who make a living off of their ideas & concepts. And—most importantly—we stand with millions of adults & children who are forced to work in inhumane conditions to produce illegal goods. 

With so much work to be done globally, this is just the beginning for us. 

#AI #techforgood

COM:ENTRUPY

Entrupy

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