According to The RealReal’s 2024 resale report, these are the bags most likely to hold their value on the resale market, from Toteme’s T-Lock to the Savette Pochette. Read on for the best bag investments to make now.
When you invest in a classic luxury bag like the Hermès Birkin or a Chanel flap bag, you can do so safe in the knowledge that you’ll be able to recoup most of your money on the resale market – or even potentially make a profit. In fact, The RealReal’s 2024 resale report found that the Hermès Kelly sells for 50 per cent above its RRP, on average, while The Row’s Margaux bag – which has fast gained It-bag status in recent years – sells for around 15 per cent above its RRP.
It’s also why lesser-known bags are becoming increasingly sought-after on the second-hand market. Take Toteme’s T-Lock style, one of Katie Holmes’s go-to staples, which is selling on average for 85 per cent of its RRP on the resale site, or the Savette Pochette, which has gone up by 43 per cent on average since it first launched in 2020.
Bags Sustainability Vogue Shops Shopping
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why your high street coffee will cost you £5 soonA perfect storm of problems is resulting in ever-more-expensive coffee, finds Chris Stokel-Walker
Read more »
As soon as the sun comes out this Merseyside road is 'transported to the Mediterranean'The area is said to have developed a 'cosmopolitan' reputation in recent years
Read more »
Two-child benefit cap may soon be scrapped to 'lift 300,000 children out of poverty'Families with more than two children currently get no extra help from the government, but is that about to change? Here's what we know.
Read more »
Valorant leak suggests PS5, Xbox console release date is very soonA leak has possibly revealed the release date for Valorant on PS5 and Xbox, and, if true, it is set to come out on console very soon.
Read more »
Brazil's Oil Permitting Could Soon ResumeBrazil's federal environment workers, represented by the union Ascema, have proposed a deal to end their strike that has hindered oil and gas project permits in the Amazon rainforest
Read more »
AI firms will soon exhaust most of the internet’s dataCan they create more?
Read more »