How Consignment Works!
Anthropologie Brands, Revolve Brands, Madewell, Lilly Pullitzer, Urban Outfitters, Zara, J. Crew, Banana Republic, Free People, Lululemon, AGOLDE, Nasty Gal, Reformation, Prana, MOTHER, etc... If you have a questions about a brand, message us and we'll let you know! Now accepting luxury brands.
New’d will evaluate and price items. Items are generally priced around ½ or ⅓ of their retail value. Please let us know if you have anything specific in mind.
You will have a consignor login emailed to you that will have your items listed and detailed. Please check this within 48 hours to verify your items.
New’d only accepts items that meet the following acceptance standards:
- Excellent, new or like-new condition.
- Freshly laundered and free of fragrance.
- Free from stains, pilling, holes and odor.
- In season and on trend.
- Bring items in folded in a basket or on hangers.
The consignment period is 90 days. After 60 days the item will be discounted 30%. At the end of 90 days, there is a 7 day grace period for you to pickup unsold items. After the 7 day grace period, items will automatically become property of New’d. It is the consignor’s responsibility to keep up with contract dates. New’d will not contact consignors. We recommend setting a calendar reminder in your phone if you wish to pick up unsold items.
Each time you consign an item, you begin another 90 day cycle.
You can pick up unsold items at any time by calling or emailing the shop with a 2 business day notice.
Seller will receive 50% of final sale price of item. Luxury items have a 60%/40% split, 60% going to seller. Payments are issued to sellers on a rolling basis via direct deposit (ACH) through Consignor Access. Balance must be greater than $20 to request direct deposit. Balance is shown on the Consignor Access website.
*Seller must claim available funds by calling or emailing the shop: email@example.com or texting 540-541-8444. Minimum of a $20 balance for direct deposit.
Payments take 3-5 business days to process. Unclaimed payouts become property of New’d after 97 days. Please ensure you understand payouts via Consignor Access. Checks can be issued for a $2.00 fee per check.
There is a 1.50 per month to use Consignor Access for every month you have active items. This fee will be subtracted from your Consignor Access balance.
If items are paid for via credit card, a 3% transaction fee will be taken from the seller’s portion.