{"id":147864,"date":"2024-08-30T11:30:46","date_gmt":"2024-08-30T09:30:46","guid":{"rendered":"https:\/\/luxus-plus.com\/?p=147864"},"modified":"2025-02-03T18:31:14","modified_gmt":"2025-02-03T17:31:14","slug":"the-realreal-resale-report-2024-tiktok-to-the-rescue-of-the-second-hand-market","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/the-realreal-resale-report-2024-tiktok-to-the-rescue-of-the-second-hand-market\/","title":{"rendered":"The RealReal Resale Report 2024: Tiktok and pop culture to the rescue of the second-hand market"},"content":{"rendered":"<h4>In the 2024 edition of its annual report on second-hand fashion, The RealReal highlights the growing prescription power of social networks cherished by Generation Z, such as TikTok. In today&#8217;s economically insecure times, investment in high-end items that guarantee a longer-lasting, more personalized purchase is favored.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>The <b><strong>Trickle up theory<\/strong><\/b> &#8211; where fashion comes from the streets to the upper echelons &#8211; is now being seriously considered by <b><strong>Tiktok <\/strong><\/b>in particular to promote second-hand luxury.<\/p>\n<p>&nbsp;<\/p>\n<p>According to the <b><strong>7th edition<\/strong><\/b> of its<b><strong> annual report<\/strong><\/b> on <b><strong>second-hand fashion<\/strong><\/b>, published on August 21 by American second-hand luxury specialist<b><strong> TheRealReal<\/strong><\/b>, <b><strong>formal style<\/strong><\/b> enthusiasts are redefining the appeal of pre-owned luxury this year, with a <b><strong>redoubled focus on durability and authenticity<\/strong><\/b>. Category-wise, iconic handbags and fine jewelry.<\/p>\n<p>&nbsp;<\/p>\n<p>Searches for men&#8217;s bags have increased dramatically, while those for vintage pieces, once reserved for a restricted audience, have become commonplace.<\/p>\n<p>&nbsp;<\/p>\n<h2><b>The tiktokization of luxury<\/b><\/h2>\n<p>&nbsp;<\/p>\n<p>Since the beginning of 2024, the luxury fashion landscape has undergone a significant upheaval. Away from the traditional catwalks, social networks such as the micro-video platform favored by the 18-24 cohort, <b><strong>TikTok<\/strong><\/b>, as well as the reprogramming of TV shows from yesteryear, have propelled <b><strong>timeless luxury classics<\/strong><\/b> to center stage.<\/p>\n<p>&nbsp;<\/p>\n<p>The <b><strong>cultural dimension of fashion and luxury highlighted by new series<\/strong><\/b> such as Kaiser Karl (Disney+) may explain this dynamic.<\/p>\n<p>&nbsp;<\/p>\n<p>The most sought-after brands are still the big names, dominated by <b><strong>Louis Vuitton, Chanel and Prada<\/strong><\/b>. Gucci, Loewe, Miu Miu, Celine, Bottega Veneta and Dior follow. More confidential, <b><strong>The Row<\/strong><\/b>, the New York brand of the Olsen sisters and emblematic of the Quiet Luxury movement <b><strong>, closes the top 10<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p><b><strong>Luxury handbags,<\/strong><\/b> notably from <b><strong>Chanel and <\/strong><\/b> <b><strong>Gucci<\/strong><\/b>, as well as high-end jewelry, <b><strong>dominated the market, reflecting a marked trend towards sustainable investments.<\/strong><\/b> On The RealReal platform, searches for <b><strong>men&#8217;s bags<\/strong><\/b> exploded by 900%, and vintage items became must-haves, with brands such as Issey Miyake and Vivienne Westwood now popular with Generation Z.<\/p>\n<p>&nbsp;<\/p>\n<p>This shift towards products that combine quality and longevity shows a clear preference for <b><strong>timeless classics<\/strong><\/b> that stand the test of time, particularly in times of economic uncertainty.<\/p>\n<p>&nbsp;<\/p>\n<h2><b>Streetwear on the decline<\/b><\/h2>\n<\/p>\n<p>&nbsp;<\/p>\n<p>Parallel to the rise of vintage,<b><strong> there has been a notable transition from streetwear to a more sophisticated style, with a 25% rise in sales of suits and a 25-35% drop in sales of iconic streetwear brands<\/strong><\/b> such as Supreme (sales down -25%), Off-White and Nike Jordans. This phenomenon is said to be the result of Virgil Abloh&#8217;s disappearance from Louis Vuitton Homme and Kanye West&#8217;s disgrace with the general public. Add to this the lower profile given to this urban style on the catwalks of the major brands.<\/p>\n<p>&nbsp;<\/p>\n<p>This change illustrates a new direction in fashion, where elegance takes precedence over street culture.<\/p>\n<p>&nbsp;<\/p>\n<p>The increasing accessibility of handbags in the mid-price range also attracted attention, with buyers favoring models such as The Row&#8217;s Margaux, whose resale value climbed 44%.<\/p>\n<p>&nbsp;<\/p>\n<p>As for the 2025 collections, fashion is moving towards <b><strong>a \u201cNew Americana\u201d aesthetic <\/strong><\/b>under the combined effect of <b><strong>Beyonc\u00e9<\/strong><\/b> with her Cowboy Carter album or <b><strong>Taylor Swift<\/strong><\/b>&#8216;s The Eras Tour, combining \u201cboho\u201d (bohemian-inspired) and utilitarian elements such as midi dresses, santiags, boots and fringed jackets, which could well dominate the cultural scene, confirming the emergence of a market focused on sustainability and individuality.<\/p>\n<p>&nbsp;<\/p>\n<p>\n<\/p>\n<p><\/p>\n<p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/loewe-once-again-the-most-popular-brand-of-the-moment-according-to-lyst\/\">Loewe, once again the most popular brand of the moment according to Lyst<\/a><\/p>\n<p>Featured Photo: \u00a9 Disney+<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the 2024 edition of its annual report on second-hand fashion, The RealReal highlights the growing prescription power of social networks cherished by Generation Z, such as TikTok. In today&#8217;s economically insecure times, investment in high-end items that guarantee a longer-lasting, more personalized purchase is favored.<\/p>\n","protected":false},"author":1,"featured_media":147917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The annual The Real Real Resale Report 2024 shows luxury second-hand backed by sustainable, sophisticated style.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[1964],"tags":[23296,24133,23660,24315,22394,24134,23139,24800,24316],"class_list":["post-147864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-strategy","tag-culture-en","tag-divertissement-en","tag-e-shopping","tag-economie-en","tag-focus-en","tag-mode-et-maroquinerie-en","tag-second-hand","tag-seconde-main-en","tag-tendances-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/147864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=147864"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/147864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/147917"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=147864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=147864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=147864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}