Which Luxury Brand has this Highest Resale Value?
We all want our luxury purchases to be good smart purchases. Some of them can even have a return on investment if curated correctly. Hermès handbags topped the list, retaining an average of 90% of their retail value. Louis Vuitton followed with 80%, gaining 17 percentage points over last year. Chanel handbags kept 75% of their value on average, climbing 12 percentage points from 2020. I think Chanel will climb even higher now because of the price increases and the demand for their classic bags.
Do you think Hermes has the highest resale value? You know of any other brands that have a high resale value?? COMMENT BELOW!