Closet Full of Cash

News: The Latest Headlines In Luxury Resale

27 min · 4 de jun de 2026
Portada del episodio News: The Latest Headlines In Luxury Resale

Descripción

In this episode of Closet Full of Cash, we’re talking about some of the biggest stories currently impacting the luxury resale industry. From the Poshmark shoe return scam, to Entrupy’s move away from hardware devices and into app-based authentication, we unpack what these shifts mean for resellers and the industry impact it will have. We also discuss LVMH’s recent revenue decline, what it signals about the state of luxury retail, and why resale continues to outpace retail as consumers become more value conscious, and sustainability focused. Plus, we dive into Meta’s growing AI moderation problem and how automated systems are leading to accounts being hacked and stolen.

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6 episodios

episode Anatomy of a Scam - Part 2: How it all started. artwork

Anatomy of a Scam - Part 2: How it all started.

Before there were victims reaching out, social media warnings, and years of documented complaints, there was a single Instagram account that caught my attention. In Episode 2 of Anatomy of a Scam, I share how I first became aware of a luxury reseller operating out of Canada and he was passing off counterfeit luxury items as authentic. What started as a simple conversation with a new luxury reseller, it would eventually turn into a ten-year journey of collecting stories, reviewing evidence, and speaking with people who say they were left financially and emotionally devastated. This episode isn't about how the scam worked. It's about how I got involved, why I stayed involved, and what kept bringing me back to a story that refused to go away. You can read the original blog post that started it all here: "Should You Shop Instagram?" [https://closetfullofcash.com/should-you-shop-instagram/]

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