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Who sets preloved prices on brands' own sites

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Somethinggenericandforgettable · 30/11/2023 16:58

Who sets the price for preloved items on designers' own websites? The reason I ask is because this bag, in my eyes, is in poor condition and it is probably still about 50-60% of the price of a new bag. It'll either sell or it won't but it has made me curious re the process.
https://www.mulberry.com/gb/shop/pre-loved-womens/bayswater-pre-loved-oak-nvt-leather

Bayswater

Shop the New Bayswater in Oak Natural Vegetable Tanned at mulberry.com, The Bayswater is Mulberry's most iconic leather bag.

https://www.mulberry.com/gb/shop/pre-loved-womens/bayswater-pre-loved-oak-nvt-leather

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