Blog

Right here's what's on the resale market proper now

Spring has officially started last week and now is the time of year (pandemic or no pandemic) in which many are looking for a fresh start. Spring is a kind of rebirth, so it is not surprising that this is also the time of year when cleaning our cupboards is not only common but also encouraged. In addition, good spring cleaning is particularly important this year, as many re-evaluate which items in your closet are really important to you and which ones you could do without.

2020 was well on its way to becoming the year of the resale. Popular websites such as Vestiaire Collective, Fashionphile, Rebag and RealReal have become increasingly important for both socially and economically conscious consumers. Lyst even reported a 255% increase in traffic with luxury resale products in 2019. And despite the market's uncertainty at the moment, resale is still in vogue and today we're taking a look at the most popular items in the resale market, as reported Vestiaire Collective data.

In terms of resale value, the results are not too surprising, and the bags that are most likely to exceed their retail price are the Louis Vuitton Multi Pochette in Denim Patchwork, the Louis Vuitton Monogram Giant Bumbag, and Chanel's New 19 Bag. A more surprising result is that a contemporary item was also on the "It List", with Rachel Bag by By Far exceeding the retail price by 25%.

Conversely, you are lucky on the vintage side if you have a Louis Vuitton multicolore item or a Gucci Blondie bag in your closet. The search for both items grew exponentially by 2300% and 207% from month to month. Other notable searches include the Dior Diorama and the Saint Laurent & # 39; s College Bag.

Are you thinking of cleaning up this spring?

Leave a Reply

Your email address will not be published. Required fields are marked *