The RealReal’s latest luxury consignment report found that Louis Vuitton’s Multipli-Cité tote was its most popular gateway bag in 2022, with 58 per cent of those buying the bag in “fair condition” being first-time customers. Meanwhile, the Prada Tessuto shoulder bag , the Gucci Horsebit clutch and the classic Chanel Flap bag are other examples of gateway bags that people are buying in fair condition.
“While these bags may be on their fourth or fifth life, there is still resale value,” Sciacca says, adding that classic designs and branded pieces tend to retain their value the best. “Additionally, if the bag is limited in production, is difficult to procure on the primary market, or can be considered collectable, [like] theAlthough the move towards fair condition bags may be cost driven,
has long been the poster girl for how a well-worn bag can be a badge of honour, with her Hermès Kelly being a prime example. “The worn look can add a certainMary-Kate Olsen pictured with her well-worn Hermès Kelly bag. Given the current economic situation, the report found that second-hand shoppers have also been trading down their ultra-luxury bags for more accessible pre-loved options, by brands such as Bottega Veneta, Prada, Miu Miu and Burberry. “With a possible recession looming, consumers are seeking value more than ever and are turning to slightly more affordable brands for it,” the expert continues.
What’s clear, though, is that a luxury bag is a great place to start for those shopping second-hand for the first time. “When thinking of cost per wear, a bag is a true investment – it’s an item you can carry everyday,” Sciacca concludes.
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