Liverpool-based luxury resale platform, Luxe Collective, has successfully secured a £100,000 investment from entrepreneur and popular BBC show Dragons’ Den investor, Steven Bartlett. While four members from the Dragons’ Den panel showed interest in Luxe Collective, the founders, Ben and Joe Gallagher, ultimately decided to accept Bartlett’s offer. Bartlett, renowned for his podcast ‘The Diary of a CEO’, will now hold a 3% equity stake in the business.

Inspired by Bartlett’s podcast as they built their own business, brothers Ben and Joe Gallagher founded Luxe Collective in 2018. With an impressive online following consisting of 523,000 Instagram followers and 1.6 million on TikTok, the platform offers authenticated luxury items from well-known brands such as Chanel, Dior, Celine, and Loewe. Through their services, Luxe Collective provides a hassle-free experience for sellers and reassurance for buyers, offering authentication and order tracking services.

Aside from their online presence, the company also maintains a YouTube channel, where they regularly release product reviews. Luxe Collective also hosts Live Shopping events to showcase their exclusive products. The recent investment from Bartlett will allow the platform to expand its operations and further innovate the pre-loved luxury industry.

CEO Ben Gallagher expressed his team’s excitement about the opportunity to share their story and vision on a prestigious platform like Dragons’ Den. He sees this as a validation of the hard work and dedication put in by the Luxe Collective team. Gallagher assured that this is only the beginning for Luxe Collective and promised more exciting developments in the future.

Links:
1. Luxe Collective Official Website
2. Dragons’ Den Official BBC Page