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Rebag<\/strong> is one of the fastest growing retailers in the U.S., having become one of the leaders in luxury resale.<\/p>\n <\/p>\n It has just unveiled the third edition of its Clair Report<\/strong><\/em>, which examines the value of luxury brands in the resale market.<\/p>\n <\/p>\n The report uses data extracted from Clair, Rebag’s intelligent technology that uses millions of data points to determine the resale value of designer items.<\/strong><\/p>\n <\/p>\n “Consumer buying trends have changed dramatically over the past year,”<\/em> believes Charles Gorra<\/strong>, CEO and founder of Rebag. “We hope these insights will continue to bring transparency to the luxury market as a whole, extend the product lifecycle and create more circularity.”<\/em><\/p>\n <\/p>\n <\/p>\n For the second year in a row, Herm\u00e8s, Louis Vuitton and Chanel<\/strong> retain their positions as the top three labels thanks to their historical legacies and control over pricing and inventory.<\/strong><\/p>\n <\/p>\n Herm\u00e8s handbags remain at the top of the list, retaining an average of 103% of their retail value. Louis Vuitton follows with 92%, a 12 percentage point gain from 2021. Chanel finishes the podium with a 12% increase from 75% to 87% average value retention.<\/p>\n <\/p>\n This 2022 saw average retention values for Italian brands, Gucci, Bottega Veneta, Prada and Fendi<\/strong>, increase significantly.<\/p>\n <\/p>\n Interest in Gucci second-hand items increased by 10%, from 59% to 69%. This was due in part to the release of the House of Gucci<\/em><\/strong> movie and the Harry Styles<\/strong> partnership collection. Bottega Veneta, with Daniel Lee<\/strong> stepping down as creative director at the end of 2021, also saw a 10% increase, from 50% in 2021 to 60% in 2022. Prada had another amazing year with an 11% increase from 46% to 57%, thanks to the release of its limited collaboration with Cassius Hirst<\/strong> and its critically acclaimed men’s collection in Milan<\/strong>. Fendi saw a 10% increase from 43% to 53%, explained in part by its high-profile collaboration with Versace<\/strong>.<\/p>\n <\/p>\n <\/p>\n On the watch side, the market continues to grow in 2022, but early signs are that it may stabilize.<\/strong><\/p>\n <\/p>\n At the retail level, Rolex<\/strong> is up 30%, from 82% to 113% of retail value. With new models needing to wait on a waiting list, second hand is an option for anyone wishing to buy a model from the brand. Hublot<\/strong>, meanwhile, increased by 11%, from 53% to 64% of the retained retail value, and Breitling<\/strong> increased by 5%, from 50% to 55%.<\/p>\n <\/p>\n <\/p>\n Read also > New trends in the second-hand watch market<\/a><\/p>\n <\/p>\n Featured photo : \u00a9 Rebag [\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n <\/p>\n Rebag<\/strong> is one of the fastest growing retailers in the U.S., having become one of the leaders in luxury resale.<\/p>\n <\/p>\n It has just unveiled the third edition of its Clair Report<\/strong><\/em>, which examines the value of luxury brands in the resale market.<\/p>\n <\/p>\n The report uses data extracted from Clair, Rebag’s intelligent technology that uses millions of data points to determine the resale value of designer items.<\/strong><\/p>\n <\/p>\n “Consumer buying trends have changed dramatically over the past year,”<\/em> believes Charles Gorra<\/strong>, CEO and founder of Rebag. “We hope these insights will continue to bring transparency to the luxury market as a whole, extend the product lifecycle and create more circularity.”<\/em><\/p>\n <\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nThe blue chips<\/h2>\n
The watch market<\/h2>\n
The Clair by Rebag report tells us more about the most desirable brands for resale, led by three French luxury brands.<\/h4>\n
The blue chips<\/h2>\n