Pre-Owned Luxury Goods Transactions Shift to Outright Sale Scheme
REPUBLIKA.CO.ID, JAKARTA – Luxury fashion goods are increasingly being treated as assets that can be liquidated when owners need funds. Amid still-fluctuating economic conditions, outright sale schemes are becoming more popular than consignment because they offer faster access to cash.
The shift is evident in the growing interest among owners of branded bags, watches and jewellery in selling their collections directly. Unlike the consignment system, which requires owners to wait until the item sells, an outright transaction allows funds to be received once the appraisal process is complete.
Product Specialist at ALLU, Taku Matsumoto, said liquidity needs are one of the factors driving the change in transaction patterns in the second-hand luxury goods market.
“Economic fluctuations have prompted the emergence of direct outright sale services as an alternative for raising funds, different from the consignment system,” he said in Jakarta on Saturday (18/7/2026).
According to him, the consignment process often takes up to several months. This has led some asset owners to choose direct transactions when they need funds at short notice.
ALLU, which operates under Valuence Holdings Inc. and partners with PT Mastro Luxe Indonesia, applies an outright sale scheme with appraisals carried out by certified appraisers from Japan. Valuations are based on global market prices, so the transaction value follows prevailing market conditions.
The company said the authenticity inspection through to disbursement of funds can be completed in approximately 30-60 minutes. Items accepted include European-brand bags, watches and jewellery, including collections that no longer have their boxes or proof of purchase, or that show signs of wear.
The service is currently available at 17 outlets across Jakarta, Surabaya, Bandung, Semarang, Bali, Makassar and Medan. Besides outlets, the company also provides home visit services for item inspection.
Meanwhile, the rise in second-hand fashion transactions also extends product lifecycles, reducing the need to produce new goods.
“A longer fashion product usage cycle reduces global clothing industry waste. It also gives the public insight that maintaining and passing on fashion collections contributes directly to the implementation of the circular economy,” said Taku.