"The resale market has reached new heights this year: One in three American luxury consumers has bought or sold on a resale platform, according to McKinsey's 2025 State of Luxury report. And some shoppers are buying with an eye toward investment. Online thrift store ThredUp found in a survey about the secondhand market that 47% of shoppers considered the resale value of clothing before making a purchase."
"Launched in 1930, the Louis Vuitton Speedy handbag - which has been made in numerous sizes and patterns over the decades - is an enduring silhouette. The average sale price of a Speedy on The RealReal is up 13% since 2021. The Louis Vuitton retail price of a brand-new Speedy starts at $1,920. On The RealReal, they are selling for between $380 and $13,500, with pricing dependent on the model, condition, and size."
Resale activity in the U.S. luxury market has surged, with one in three American luxury consumers buying or selling on resale platforms. Nearly half of secondhand shoppers consider an item's future resale value before purchasing. Classic luxury accessories—including iconic handbags and select jewelry—have demonstrated consistent resale-value growth since 2021. An estimated $200 billion of value remains unused in domestic closets, and resale pricing often rises in step with primary-market price increases. Iconic models like the Louis Vuitton Speedy have recorded average resale-price gains and show wide price ranges that depend on model, condition, and size.
Read at Business Insider
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