EXCLUSIVE: The Luxury Consumer Has a New Dealer

At just three years old, Reklaim is doubling down on its mission to democratize luxury. The technology-forward company aims to redefine the essence of luxury through conscious consumption and open the door to the world of luxury with the belief in a world where luxury and values are intertwined.

Founded in 2022, Reklaim’s original model connected exclusively with retail partners, including Nordstrom, Selfridges and Jared. The turnkey solution gives access to $10 billion worth of coveted handbags and watches with its proprietary technology, including a selection of items from Hermès, Louis Vuitton, Rolex and Chanel. In addition to its curated selection, the company has also offered its Whatever, Whenever service to source sought-after pieces.

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Reklaim is now in more than 100 retail doors, which James Thomas, co-owner, cofounder and chief commercial officer of Reklaim, told WWD was a “critical first step — allowing [the company] to introduce consumers to the breadth of our handbag and watch assortment, and to establish Reklaim as a disruptive, elevated force in pre-owned luxury, all within a tangible retail environment. [We] focused on perfecting our proprietary technology and cultivating strategic wholesale partnerships.”

James Thomas
James Thomas

Furthering its mission, Reklaim has announced it will now be available direct-to-consumer through its own website. With this step, the company aims to empower the consumer to take the power back and reject the idea of multiyear waitlists, forced purchases and buying into the privilege of eligibility.

“In a world where luxury has long been defined by exclusivity and excess, we saw an opportunity — not just to challenge the status quo, but to completely reimagine the pre-owned experience,” said Kamran Razavi, co-owner, cofounder and chief executive officer of Reklaim. “The name Reklaim stands for taking the power back. We’re not just reshaping luxury. We’re rebuilding the entire system behind it, one with sustainability and inclusivity at the core.”

Thomas added that with Reklaim’s strong foundation in place and proven demand, now is the ideal moment to expand the company’s digital footprint through its own direct-to-consumer platform.

In practice, Razavi said that what this means for consumers is access to the luxury products and shopping experience that they deserve. For retailers it provides inventory agility and for brands, it means a chance to participate in a space where there has traditionally been exclusion.