The luxury bag, object of fashion, desire, covetousness... and finance.
Object less and less accessible, due to its constantly increasing price - that of the 2.55 from Chanel would have soared by 30% between 2020 and 2021 according to Reuters - it has paradoxically become a more reasonable purchase.
We owe this paradigm shift to the phenomenon of the second hand, which has particularly won over the luxury sector.
On a global scale, this market would represent 16 billion euros according to the consulting firm Bain & Company.
Thanks to this new consumer habit, a luxury bag now enjoys a life after fashion.
In other words: it is now possible to buy a model with the guarantee of being able to recover its resale.
Some coins have even become profitable investments.
Between 2021 and 2022, the second-hand site Collector Square recorded a jump in the value of certain bags on the secondary market: 52% increase for Hermès…
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