According to statistics, the percentage of people buying vintage bags has increased during the epidemic season, showing that luxury items are still very prioritized despite the “ghost” of Covid.
Since the end of 2019, the number of people searching for and buying luxury items, especially second-hand vintage bags, has increased rapidly. An American online website that is a bridge between buyers and sellers who want to transfer luxury items The Realreal There are statistics about the authenticity of this information: The number of people looking to buy vintage bags increased by 30%, including more than 60% of people aged 18 – 34.
On the other hand, the survey also shows that nearly 50% of vintage bag buyers share the reason they want to build a sustainable consumption trend, reduce fashion waste. They recognize the appeal of old products when the fashion flow is showing signs of “turning against the current”, favoring styles from the previous decade.
This shows that young fashion lovers are starting to make serious investments in luxury items. With the attractive prices of used brand bags, they can easily own genuine fashion items. This is also profitable if the bags continue to be sold to new owners.
According to information published by Chanel, the price of the brand’s classic bags will increase sharply in the next few years, up to more than 40%. This also makes the French brand’s classic bag model skyrocket in price, even if it’s second-hand.
Besides, there are still some second-hand bag models whose prices are higher than the price at launch because of their rarity. Especially the two lines of Kelly and Birkin bags of the Hermes brand. The investment value for Hermes bags is always at a profit of 2-3 times the original price, whether old or new.
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