These are the top luxury brands when it comes to resale value

Kate Mendonca
·Shopping & Lifestyle Writer
Image via The RealReal.
Image via The RealReal.

For the vast majority of us, luxury fashion is a splurge that requires some thoughtful consideration and plenty of research. You want your pieces to be versatile enough that you’ll get plenty of use out of them, but will also hold onto their value should you ever decide to resell them.

With websites like The RealReal and Vestiare Collective earning major space in the luxury resale business, more and more shoppers are looking to this sustainable and affordable option to purchase designer clothing, shoes and handbags at prices below retail value.

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“We’re seeing resale shift people’s shopping habits in the primary market,” said Allison Sommer, Director of Strategic Initiatives at The RealReal. “As shoppers get savvier about how they invest and the impact what they’re buying has on the planet, they’re turning to luxury resale as both a replacement for fast fashion and a barometer of value.”

Like any sector of the fashion industry, the business of reselling is dictated by changing trends, but there are a few brands that are managing to hold onto their value and proving the most bang for their buck. As millennials lead the charge towards a more sustainable future, expect to see the resale market and sharing economy continue to thrive.

If you’re considering taking the plunge and picking up that coveted designer piece, certain brands are holding up better than others in the resale market. Classics like the Hermès Kelly bag fetch on average 93 per cent of their original retail value, while newer pieces like the Chloé Drew bag sold for only 39 per cent of their original price.

The RealReal just released their 2019 Resale Report which broke down the top 10 luxury brands that shoppers are loving now, so scroll through to take a look at which ones made the cut below.

1. Gucci

Image via Nordstrom
Image via Nordstrom

SHOP IT: Nordstrom, $460

2. Louis Vuitton

Image via Farfetch.
Image via Farfetch.

SHOP IT: Farfetch, $3,207

3. Chanel

Image via The RealReal.
Image via The RealReal.

SHOP IT: The RealReal, $2,517 (estimated retail: $3,956)

4. Prada

Image via MyTheresa.
Image via MyTheresa.

SHOP IT: Moda Operandi, $3,780

5. Hermès

Couvertures et Tenues de Jour Cashmere Silk Scarf. Image via The RealReal.
Couvertures et Tenues de Jour Cashmere Silk Scarf. Image via The RealReal.

SHOP IT: The RealReal, $1,221 (estimated retail: $1,399)

6. Fendi

Brown 'Forever Fendi' Skirt. Image via SSENSE.
Brown 'Forever Fendi' Skirt. Image via SSENSE.

SHOP IT: SSENSE, $1,150

7. Dior

Oblique Saddle Bag. Image via Dior.
Oblique Saddle Bag. Image via Dior.

SHOP IT: Dior, $2,950

8. Valentino

VLTN cotton T-shirt. Image via MyTheresa.
VLTN cotton T-shirt. Image via MyTheresa.

SHOP IT: MyTheresa, $310 (€ 209)

9. Christian Louboutin

Iriza Glitter Pumps. Image via Saks Fifth Avenue.
Iriza Glitter Pumps. Image via Saks Fifth Avenue.

SHOP IT: Saks Fifth Avenue, $1,035

10. Balenciaga

Ville Top Handle XXS Bag. Image via Balenciaga.
Ville Top Handle XXS Bag. Image via Balenciaga.

SHOP IT: Balenciaga, $2,630

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