Gucci, Chanel, And Louis Vuitton Handbags Resale Value Is Decreasing

20 / 1 / 2023

Resale market expected to reach $82 billion in sales by 2026...

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nearly doubling from $43 billion in 2022.

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Demand for higher-priced luxury brands at resale is down...

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pushing prices for brands like Chanel, Gucci and Louis Vuitton down.

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Millennial and Gen Z shoppers gravitating to more affordable contemporary brands.

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