LoanMeOrOwnMe is a unique business offering which is part of a growing trend in other countries known as ‘Fractional Ownership’. LoanMe or OwnMe has been developed as a model & brand to grow and expand it’s offerings in New Zealand and other markets, the fashion and leather category represent the largest product sector in the luxury goods market. Of the fashion industry, handbags represent $70 million per year in the U.S market alone and is the fastest growing product in the industry. The global concept of fractional ownership (leasing or renting luxury goods or services) is a growth market with an average of $22,000 USD spent by Gen. X & Baby Boom segments.
We source all of our stock outside NZ to ensure we offer unique, desirable products that are otherwise not available in NZ, our point of difference is that the bags are pretty much all for sale - so if someone falls in love with a bag and the price is acceptable they can buy it! And of course the sale values are market values and are automatically re-calculated every time a bag returns from Loan.
