Whether you’re downsizing your collection, upgrading your handbag for the season or just need to make room, it’s important to understand the resale value of your designer bag. This guide will help you determine the right price for your bag, find the best place to sell, and learn how to prepare your bag for sale.
In the luxury handbag market, it’s all about quality and brand recognition. Bags by Chanel, Dior and Louis Vuitton are coveted for their classic and timeless design that never goes out of style. These bags typically don’t become “it” items because they’re so popular, but rather have achieved cult status for their iconic appeal and high-quality materials. Their longevity means they’re likely to retain their value on the secondary market.
The future of the luxury handbag market is positive due to a growing population of working women with disposable income. The industry is also focusing on emerging markets with potential for growth. The global economy is expected to continue its moderate growth, with increased consumer spending and stronger exports.
Upgrade your collection with our selection of designer bags on sale, including designer shoulder and cross-body styles, clutches for evening wear, and carry-everywhere tote bags. Discover discounts on on-trend options from Vivienne Westwood, Moschino and Alexander McQueen, or discover a range of discounted designer backpacks for work and travel. designer handbag sales