Roundabout - New and Resale Couture Company Profile

Owners Laurie and Richard Perren created Roundabout 25 years ago with the goal of having the best consignment / resale store in the country. With their unique business model they offer not only an amazing selection of pre-owned designer items from America’s best closets, but through direct relationships with boutiques, showrooms and designers they are also able to sell current and past season “new” items at a discount of up to 70% off original retail. From cutting edge Alaia to classic Chanel, Roundabout is able to stock the finest labels in fashion at incredible prices. By providing customers a similar luxury shopping experience as neighboring high end retailers, along with the assurance of impeccable condition and quality, Roundabout is able to obtain a higher selling price and therefore a higher return to the consignor than the current fad of online resale sites. Roundabout pays 66% of the selling price to consignors of Chanel, Hermes and Louis Vuitton handbags and 50% for all other merchandise.