Welcome to our list of The 10 Brands with the Best Resale Value of 2022!
Have you ever wondered which are the brands that best hold the value of their bags in the resale market? Luxury brands aren’t all equal, some hold the value of their bags way better than others. Is always good to know if the bag you bought will hold its value through the years, in case you ever need to sell it. Or if is better to buy the bag of your dreams in the resale market instead. So here I’ll show you which brands best held their value this year, and make sure to stick to the end because number one will be a big surprise! This video is based on the Clair report made by Rebag.
So, without further ado here are The 10 Brands with the Best Resale Value of 2022:
10. Balenciaga
Balenciaga began when Cristóbal Balenciaga opened his first boutique in San Sebastián, Spain in 1918, which expanded to include branches in Madrid and Barcelona. When the Spanish Civil War forced the boutiques to close, he moved to Paris, where his success was almost immediate with customers travelling across Europe to see his designs. Since then Balenciaga has stablished itself as one of the most important fashion houses in the world and in recent years as the coolest. With a succession of talented creative directors like Nicolas Ghesquière, Alexander Wang and current director Demna Gvasalia, the brand gave us some of the most iconic pieces in recent fashion history, like the Hourglass jacket, the Triple S Sneakers, the City bag and the Le Cagole.
2022 was the year of Balenciaga, with its products retaining a little under 55% of their original value.
9. Prada
Prada is an Italian luxury fashion house that was founded in 1913 by Mario Prada. It specializes in leather handbags, travel accessories, shoes, ready-to-wear, perfumes and other accessories. The first Prada store was opened in 1913 in the prestigious Galleria Vittorio Emanuele II in Milan, where he sold precious bags, trunks and travel accessories. Prada is truly a family company, today the granddaughter of Mario Prada, Miuccia Prada is the creative director and together with her husband Patrizio Bertelli they lead this legacy company so that they always continue on the top!
In 2022 Prada bags sold for an average of 57% of their original price and the Prada Re-Edition 2000 had the highest resale value of the brand, averaging 112% of its retail value!
8. Bottega Veneta
Bottega Veneta has set a new standard for Luxury since its birth in Vicenza in 1966. Inspired by Italian culture with a global outlook, the House is defined by a distinctly refined attitude. Bottega Veneta uses noble materials to create considered pieces that become part of their owner’s lives. Since Daniel Lee took the helm in 2018 the house has been in an all time high, his designs have become cult favorites and brought a new legion of fans to the brand.
During Daniel Lee’s tenure the resale value of Bottega Veneta bags went from 30% of the original price to 60% this year. Not to mention that some of the most popular styles like the Cassete, holds 82% of the original value. Daniel Lee left the brand last year so only time will tell how the bags designed by the new creative director Matthieu Blazy will perform.
7. Dior
Dior is a French luxury fashion house founded in 1946 by French fashion designer Christian Dior. This internationally renowned brand is known for its elegance and timeless femininity. From their ready-to-wear fashion, leather goods, accessories, or footwear, Dior changed the game forever. Dior bags are the pinnacle of luxury fashion! Under the direction of Maria Grazia Chiuri Dior has been releasing amazing new designs and also reimagining the classics. Dior bags are one of The 10 Brands with the Best Resale Value of 2022!
In average Dior bags hold about 67% of the original value, but some models hold a lot more. The Lady Dior, the most classic bag of the brand is one of the most searched styles on Rebag!
6. Gucci
Gucci is a luxury fashion house based in Florence, Italy that was founded in 1921 by Guccio Gucci. Its product lines include handbags, ready-to-wear, footwear, accessories, makeup, fragrances, and home decoration. During the 2010s, Gucci became an iconic ‘geek-chic’ brand. And the new bags as the old ones are some of the best handbags you could ever find!
Gucci bags usually hold about 70% of the original price, but the Vintage Soho Disco with chain sold for an average of impressive 122% of its original value this year!
5. Saint Laurent
Founded in 1961, Yves Saint Laurent is one of the most prominent fashion houses of the 20th century. Originally a House of Haute Couture, Yves Saint Laurent revolutionized the way fashion and society merge and interact in 1966 with the introduction of high-end made clothes produced on a larger scale than the exclusive collections. The Maison was from the beginning revolutionary, and this spirit is a fundamental part of its DNA. Aside from their ready to wear line, Saint Laurent handbags are also their hallmark. The Parisian maison is renowned for producing some of the most enduring silhouettes that can transform even the most casual of outfits, and the current creative director Anthony Vaccarrello continues to ensure that Saint Laurent bags retain their contemporary relevance.
Saint Laurent bags hold in average 70% of their original value!
4. Chanel
Chanel is the French luxury fashion brand we all know and love. It was founded on 1910 by Coco Chanel and today it focuses on woman’s high fashion, ready to wear clothes, luxury goods, perfumes, accessories and leather goods. When Gabrielle “Coco” Chanel launched her first perfume in 1921, she was already a force to be reckoned with in the Paris fashion world. From haute couture fashion and handbags to beauty products, each facet of the Chanel brand was, and still is, inspired by Coco Chanel’s revolutionary spirit. The arrival of Karl Lagerfeld in 1983 was a pivotal moment for the Chanel brand, as he breathed new life into the iconic fashion house, designing for the modern woman. Chanel handbags are highly sought-after, iconic statement pieces, and demand is always higher than supply.
Chanel is part of the 3 brands that are known for always commanding the highest prices in the resale market, with a retention value of 87%. With the brand increasing its prices multiple times a year, it is likely we’ll see Chanel bags increasing their value in the resale market.
3. Louis Vuitton
Louis Vuitton is a French fashion house and luxury goods company founded in 1854 by Louis Vuitton. The iconic LV monogram is one of the most recognizable monograms in the world. It appears on most of its products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses and books. Louis Vuitton is famous for its handbags, not only they have amazing quality, but their designs are some of the best you could find. Louis Vuitton launched their first handbag in 1930 and since than they have designed some of the most recognizable and classic bags ever. And is one of The 10 Brands with the Best Resale Value of 2022!
Louis Vuitton bags hold in average 92% of their value, but this year the Louis Vuitton Pochette Accessoires was sold for 124% of the original price.
2. Hermès
Hermès is the pinnacle of luxury handbags. The most famous and exclusive bags in the world are Hermès bags, and the best of Hermès are for sure the Birkin and the Kelly! Hermès has been creating beautiful leather pieces, renowned for their exquisite craftsmanship, since 1837. First established by Thierry Hermès as a harness workshop in the Grands Boulevards quarter of Paris, the atelier quickly became dedicated to serving European noblemen – even Napoleon Bonaparte was a client – and in 1922, the first Hermès handbag was created. It´s a combination of their history, exquisite craftsmanship and overall quality of Hermès that make their bags so highly coveted. Each bag is made by hand by a single artisan and the leathers are selected very carefully to ensure that only the best pieces are used.
The average retention value of Hermès is 103%, but the Birkin and the Kelly can easily sell for more than 200% of the original price.
1. Telfar
I told you this would be a surprise! In 2005 Telfar Clemens founded his eponymous label, but only in 2018 it achieved the cult status it has today, when it launched the iconic shopping bag! The bag became extremely popular selling out in minutes after restocking, and is a favorite of celebrities like Beyonce, Lil Nas X, and Megan Thee Stallion. The bag was such a hit in New York, where the brand is based, that it was nicknamed the Bushwick Birkin. The Telfar shopping bag is not a symbol of wealth, but a symbol of group identity for young creatives, according to The Cut. The highly sought-after brand was even mentioned in “Summer Renaissance,” the final track of Beyoncé’s July 2022 “Renaissance” album, earning the already buzzy label a boost in both searches and sales.
Telfar bags average a surprising and wildly impressive 195% of their retail value, proving to be an excellent investment. The Shopping Bag is an ideal choice for consumers who want to keep up with the latest trends while still being practical and budget-conscious.
