Demand for Gucci extends to luxury re-sale market

This week The RealReal, the leading luxury consignment company, released its mid-year luxury resale report with exclusive data charting marketplace trends, bestselling brands and emerging designers in luxury resale With access to data across a wide selection of luxury brands - a database which spans over 8 million Consignment units sold - gives the company an unprecedented insight into consumer behavior and trends in luxury fashion According to the report the resale market "Provides an accurate reflection of what's impacting the luxury retail market as a whole" "Luxury resale has grown exponentially, and is more mainstream than ever.

Both the industry and the public look to the resale market to identify macro and micro trends and to determine what consumers want right now," said The RealReal Chief Merchant Rati Levesque Logo bags are increasing in resale value - the Dior Saddle Bag grew by 88 percent while the Gucci Web grew by 51 percent A noticeable shift is the drop in resale value for Vetements and Tory Burch, as shoppers turn to Balenciaga and older contemporary brands struggle.

Whereas logo bags, especially those from heritage brands are selling fast, past-season styles without logos, such as the Fendi 2Jours, Balenciaga Motoccross and JW Anderson Pierc have all dropped in resale value. . Source