The Journal

Handbag Clinic’s capital move

- COREENA FORD Business writer coreena.ford@reachplc.com

NORTH East bag boutique The Handbag Clinic has launched a permanent base in luxury London department store Selfridges.

The Newcastle business, which restores and resells luxury brand handbags, last year joined forces with the Mayfair store to take part in a sustainabi­lity event called The Stock Market at the Corner Shop, a month-long event where customers could restore or upcycle fashion items they already own and exchange goods for credit.

Now the business – which restores more than 700 bags a month – has partnered with Selfridges London to launch a permanent in-store concession within its new Reselfridg­es accessorie­s destinatio­n, offering its ‘buy, sell, restore’ services while helping customers to enjoy luxury products more sustainabl­y.

The company was launched as a spin-off from the leather restoratio­n business Furniture Clinic 11 years ago, fast becoming a successful part of the business thanks to partnershi­ps with the likes of Harrods, Harvey Nichols and Fenwick. It operates through stores and concession­s across London, including a flagship store in Chelsea and recently launched in-store concession in Harrods, with further concession­s in Newcastle, Colchester and York.

The company, which counts celebritie­s Claudia Schiffer, Poppy Delevingne, Storm Keating and Heidi Range among its clients, is now adding to Reselfridg­es’ preowned offering by stocking a collection of fully authentica­ted, preowned luxury and vintage handbags, luggage and accessorie­s from brands including Gucci, Fendi, Saint Laurent, Dior, Jacquemus and more.

Shoppers can also trade in unwanted luxury handbags, regardless of where it was purchased, in exchange for a Selfridges gift voucher to spend in store. A team of specialist­s will also be on hand to value, authentica­te and exchange items.

CEO and co-founder Charlotte Staerck said: “We are proud that, as a North East business which started out with just two artisans little more than 10 years ago, our partnershi­p with Selfridges is testament to our continued growth and success story.

“As world leaders in luxury, Selfridges share our vision of encouragin­g more conscious buying and aftercare behaviours.

“They understand that true circularit­y begins with what we already have in our wardrobes. By trading these items in, luxury lovers can continue to get their newness fix whilst being kind to their wallets and the planet. We’re also deepening the aftercare offering, which will enable luxury investors to enjoy their purchases for longer and preserve their items for generation­s to come.”

News of the firm’s London move comes four months after it sealed “significan­t” investment from the North East Venture Fund (NEVF), supported by the European Regional Developmen­t Fund and managed by Mercia Ventures, and a private investor.

The company is using the funds to ramp up growth in the UK and internatio­nally, creating at least 10 new jobs this year, while also boost its technology, including the addition of AI and microscopi­c imagery to support its team of authentica­tors.

 ?? ?? > The Handbag Clinic CEO Charlotte Staerck at The Stock Market
> The Handbag Clinic CEO Charlotte Staerck at The Stock Market
 ?? ?? > The Handbag Clinic has launched in Selfridges London
> The Handbag Clinic has launched in Selfridges London

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