Text Kamara Hakeem-Oyawoye
The older I get, the more I understand the importance of investments and gathering collateral. And I’ll tell you, one of the best excuses (and my go-to) for buying that new whatever is “it’s an investment”.
But with the never-ending outpour of products and the growing trend of resale, what luxury goods will actually help you secure a bag or two down the line? Luckily for us, second-hand retailer, Rebelle has released a shortlist of the top-selling IT items with the greatest resale values from last year.
So if you’re starting to dabble in resale, or you’re just interested in what might or might not be worth snagging up, keep reading.
1/ Gucci Marmont, $1,890
Looking into their shopping data of 12 million monthly users, the most highly-coveted model of last year was the 2019 Gucci Marmont in raspberry-pink velvet. As an owner of this model, you can get up to $1,225 in resale or $1,340 for the mini model in black leather that retails for the same price as the large.
Despite pink being the best-selling item, the classic black leather version has greater retail value. Why? Because leather has the second-highest retail value for fabrics, and black is the strongest colour with Gucci being the fifth strongest brand.
2/ Dior Saddle, $2,700
Since John Galliano debuted this iconic model in 1999, it has been one of the most sought after items in the fashion world. Making a highly-anticipated return in Paris’s AW18 Fashion Week, the newer, cooler Oblique model was introduced a year later. While the revised model resales at under $400 loss, the 1999/2000 edition has over 200% profit from its original $950 price tag.
As Dior lies amongst the top 10 brands for the highest resale value, and camel has the third-highest for colours this is definitely worth the flip. Also, just picture the looks..
3/ Fendi Baguette Bag
Third on the list is the Fendi baguette, a bag that has been a cultural icon for almost as long as I have. Making headway as one of fashion’s first IT bags, it still has crazy demands. In the last few months that led up to the end of 2019, the prices for vintage Baguettes shot all the way up.
Depending on the style and finish, you can make between $1,500 to $3,500, varying according to the original purchase which usually lies somewhere between these figures based on the style. A close contestant to Dior, Fendi is the fourth-strongest brand on the list and if you already have your devout black bag, brown is the second-strongest colour (probably because they’re harder to stain).
4/ Gucci Princetown Slipper, $820
When this model first launched, there was a lot of judgement towards owners over the faux luxury of having overpriced slippers. This is, however, more than a statement mule, but one of last year’s best selling shoes.
The embroidered pair with gold bees and a star leads the pack as it maintains resale value upwards of $500. Gucci’s ranking as fifth on the list paired with this highly recognisable design drives its value.
5/ Nike x Off-White Air Force 1
As one of the most coveted designers of our generation, it’s no surprise that there’s at least one product by Virgil on here. Carrying over from the sneaker culture, these limited-edition gems have increased value due to their rarity.
If sold brand new, you’re guaranteed a steal that could at least double in price. In these cases, record sales of 570% have been seen on the likes of eBay selling for $1,140 as opposed to their selling price of $170.
Brands such as Hermes, Chanel, Louis Vuitton, Fendi and Gucci find themselves at the top of the list respectively, due to their high quality and trademarked iconic styles that have people all over fawning over them.
Resale may seem more stressful than anything, it reflects a growing shift in culture where people are a lot more focused on sustainability and the damaging effects of fast-fashion. And few things reflect greater eco-consciousness than this growing circular market where product life cycles no longer end after their initial sale.