Fashionphile is poised for good. Just this week, the reseller attained B Corp status joining Vestiaire Collective and Chloé in luxury certification crownings. Its score was 83.2 (out of a possible 250 points) compared to the median score of 50.9. A score of 80 is considered passing.
The categories span governance, workers, community, environment and customers. Several initiatives at Fashionphile helped secure its B Corp status, including hybrid work, in-house recycling programs, solar panels at its offices and the use of recycled materials in all packaging.
Fashionphile’s founder and president Sarah Davis said it was an achievement the company has been focused on for some time and is proud to have now. “At Fashionphile, circularity is a main pillar and our focus is to reduce, reuse, restore, refurbish, recycle and repair. While the Fashionphile model is a circular one, obtaining the B Corp designation demands much more. This certification is a testament to our dedication and reinforces our mission to make fashion more sustainable,” she said in a press statement.
Though eBay, ThredUp and The RealReal are publicly traded, the Carlsbad, California-based company is privately owned.
Earlier this month, Fashionphile held an invite-only authentication workshop with its team, where it divulged tips and tricks to successfully authenticating a Louis Vuitton bag.