Closet Full of Cash is a podcast dedicated to pulling back the curtain on the luxury resale industry. Hosted by Deanna Thompson, an author, luxury resale educator, advisor, and former multi-store owner with over two decades of experience, the show goes beyond headlines and hype to break down what’s really happening in the secondary luxury market. Each episode explores the real mechanics of luxury resale, pricing, sourcing, authentication, margins, business strategy, market shifts, and the growing impact of technology, AI, and counterfeits. You’ll hear honest conversations with founders, resellers, authenticators, and industry professionals who are actively building, scaling, and navigating the pre-owned luxury space. This isn’t a show about just reselling pre-owned luxury, it’s about understanding the business, the risks, the opportunities, and the realities of an industry that’s rapidly evolving. Whether you’re a resale business owner, an industry professional, or someo
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Episode #13
Ep. 13 The Luxury Hunt: Inside Reluxe Vault with Christine Baba
Sep 25, 202654 minS1
Christine Baba, founder of Reluxe Vault, joins us to share the real story behind building her luxury resale business, from how she got started to the growing pains that come with trying to scale. We talk about learning to get out of your own way as a business owner, navigating the unexpected challenge of someone using a similar business name, and why protecting the brand you’ve built matters. Christine also shares the part of the business she loves most: the hunt. For her, sourcing the perfect pre-owned luxury piece for a client isn’t just part of the job, it’s what keeps her passionate about what she does. Visit: Reluxe Vault
Can AI Make Reselling Easier? Meet Flowlister Founder Chris Taylor
Sep 21, 202630 minS1
In this episode, I sit down with Chris Taylor, founder of Flowlister, to talk about how technology is making listing inventory faster and easier for resellers. Take just a few photos and, when listing on eBay, Flowlister can automatically populate item details using data from previously sold eBay listings. With Poshmark now added to the platform, we talk about how Flowlister is evolving, the role AI is playing in resale, and what Chris sees coming next for sellers. Visit: Flowlister Use the code: CLOSETCASH for 20% extra Starter and Pro listing credits
Justin Moxie has spent his career in tech and entrepreneurship, so what brought him to luxury resale? In this episode, I sit down with Justin, founder of ConsignR, to talk about his journey into the resale industry, what he saw missing for independent resale and consignment businesses, and why he decided to build a solution for it. We get into the challenges of running and scaling a resale business, the role technology can play in making operations more efficient, and where Justin sees the industry heading next. To learn more about Justin, visit: Consignr.com
Conversations: Erica Barbee, Founder of Barbee Dreamhouse Luxury
Aug 14, 202631 minS1
Join me for a conversation with Erica Barbee, founder of Barbee Dream House Luxury Resale, as we talk about the realities of building and growing a business in the pre-owned luxury space. Erica shares her journey into resale, what she’s learned along the way, and her perspective on sourcing, selling, customers, and navigating an industry that continues to evolve. Whether you’re already running a resale business or thinking about getting started, this episode offers an inside look at entrepreneurship in luxury resale, and the work that happens behind the scenes to build a business of your own. Visit Barbee Dreamhouse Luxury: https://barbeedreamhouse.com
Your Customers Are Your Next Inventory Source: Meet the Founders of Trendful
Aug 14, 202635 minS1
What if your customers could also become one of your best sources for inventory? In this episode, I sit down with Trendful founders Jackie de la Parte and Mailys Rabot to talk about how their software is helping resellers buy pre-owned fashion and luxury directly from their customers. We discuss how Trendful works, why they built the platform, and how resale businesses can create a more consistent stream of inventory without relying solely on traditional sourcing channels. Whether you're looking to scale your inventory, improve your buying process, or introduce a buyout program to your business, this episode is packed with insights for today’s reseller and the best part, you don't need a website to implement the program! To learn more, visit: https://www.trendful.com
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