Closet Full of Cash | Podcast on RSS.com

Closet Full of Cash

Closet Full of Cash

by Deanna Thompson — Author, Luxury Resale Expert, Founder & Host of Closet Full of Cash

Season 1

Why Justin Moxie Bet on Luxury Resale

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

So You Want to Start a Luxury Resale Business? Meet Alisha Lomia

Thinking about starting a luxury resale business? In this episode of Closet Full of Cash, I sit down with Alisha Lomia, who recently took the leap and launched her own business in the luxury resale space. We talk about what inspired her to get started, the realities of building a resale business from the ground up, what she’s learning along the way, and her advice for anyone considering taking the leap themselves. Visit Alisha's Website: Nacio Official

Conversations: Erica Barbee, Founder of Barbee Dreamhouse Luxury

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

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

Conversations: Angie Houloose, Executive Director of NARTS

On this episode of Closet Full of Cash, I'm joined by Angie Houloose, Executive Director of NARTS, to discuss the future of the resale industry and the exciting new direction of one of its longest-standing organizations. We talk about the recent NARTS conference, the association's renewed Members First philosophy, the importance of education and community, and what's ahead for resale business owners. Whether you're new to resale or have been in the industry for years, this conversation offers valuable insights into where the industry is headed. To learn more, visit: www.narts.org

Anatomy of a Scam - Part 3: Threats and the fake Chanel bag

After stepping in to help a buyer get refunded for a counterfeit Chanel bag (she has not been refunded), I woke up to a flood of threatening emails and voice messages. In this episode, I share how quickly things escalated and what it reveals about the scammer in luxury resale which should not be a surprise to anyone who has had any sort of interactions with him.

Strategy: Meet the founder of LuxJardin, Rachana Lingutla

In this episode of Closet Full of Cash, we sit down with Rachana Lingutla, founder of LuxJardin, to discuss how her platform is changing the way consumers and resellers discover rare, authenticated vintage luxury. By indexing inventory from vetted independent boutiques across the U.S., LuxJardin is helping bring hidden luxury inventory online while supporting the independent boutiques behind it. In this episode, we discuss Rachana’s background, how she got started in luxury resale, how LuxJardin is helping resellers grow and gain visibility, and what the future of luxury resale looks like for independent sellers. For more information, visit: https://www.luxjardin.com/

News: The Latest Headlines In Luxury Resale

In this episode of Closet Full of Cash, we’re talking about some of the biggest stories currently impacting the luxury resale industry. From the Poshmark shoe return scam, to Entrupy’s move away from hardware devices and into app-based authentication, we unpack what these shifts mean for resellers and the industry impact it will have. We also discuss LVMH’s recent revenue decline, what it signals about the state of luxury retail, and why resale continues to outpace retail as consumers become more value conscious, and sustainability focused. Plus, we dive into Meta’s growing AI moderation problem and how automated systems are leading to accounts being hacked and stolen.

Anatomy of a Scam - Part 2: How it all started.

Before there were victims reaching out, social media warnings, and years of documented complaints, there was a single Instagram account that caught my attention. In Episode 2 of Anatomy of a Scam, I share how I first became aware of a luxury reseller operating out of Canada and he was passing off counterfeit luxury items as authentic. What started as a simple conversation with a new luxury reseller, it would eventually turn into a ten-year journey of collecting stories, reviewing evidence, and speaking with people who say they were left financially and emotionally devastated. This episode isn't about how the scam worked. It's about how I got involved, why I stayed involved, and what kept bringing me back to a story that refused to go away. You can read the original blog post that started it all here: "Should You Shop Instagram?"

Anatomy of a Scam - Part 1: How Fear Kept People Silent

For more than a decade, I’ve followed the story of a Canadian luxury reseller and stylist whose name has repeatedly surfaced alongside allegations of counterfeit trafficking, knowingly selling fake luxury handbags, harassment, intimidation, and stalking. Behind the polished image and designer labels are years of accusations, unanswered questions, and individuals who claim they were harmed along the way. In this first episode, we begin unpacking a story that has quietly circulated throughout the luxury resale industry for years, examining the allegations, the impact, and why so many people stayed silent for so long. Explicit Language Intro music by: Harrison Lace

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