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Sophisticated Closet Essentials for Luxury Lovers

 Posted by Mary Kay Minnis on March 8, 2018 at 8:43 AM

Owning luxury items often has the benet of a lifetime of use and value retention. Designer pre-loved (pre-owned) goods continuously gain demand as savvy sophisticated shoppers realize they can own luxury items for less. Online Auctions are a great way to shop for luxury brands to add to your collection. Much of the demand for pre-loved comes from the way these goods uctuate in value “depending on buzz around a certain designer, particularly if a house hires a new creative director or chief executive,” according to a recent Fortune Magazine article.

With so much changing, we have a list of brands to consider according to thefashionlaw.com…

“BRANDS THAT HOLD THEIR VALUE THE LONGEST: Chanel, Christian Louboutin, Hermès, Cartier, David Yurman, Alaïa, Van Cleef & Arpels, and Goyard.

BRANDS WITH A "SURPRISINGLY" HIGH RE-SALE VALUE (aka that re-sell quite close to their original price): , Victoria Beckham, Charlotte Olympia and Alexander McQueen.

BRANDS THAT LOSE VALUE FASTEST: Tod’s, Versace, Marni, Valextra, and Etro.

BRANDS WITH A "SURPRISINGLY" LOW RE-SALE VALUE: Alexander Wang, 3.1 Philip Lim, and Marc Jacobs.”

In addition to sprinkling a bit of luxury into your wardrobe, our online auctions are great for purchasing the following wardrobe staples that should almost always be purchased pre-loved:

FOR HIS CLOSET

· Dress Suits

· Denim Jacket

· Leather Jacket

· Vintage Leather Boots

· Vintage Watch

· Cuinks

· Quality Leather Belt

· Signet Ring

· Trench Coat

· Black Dress Shoes

FOR HER CLOSET

· Jewelry

· Leather Shoes

· Leather jacket or coat

· Classic Leather belt

· Luxury Handbags

· Designer and Jeans

· Designer Handbags and Shoes

· Silk Blouse

· Trench Coat

· Evening Bag

According to Forbes Magazine, “the U.S. apparel industry today is a $12 billion business … according to the Bureau of Labor Statistics.” Even more intriguing, we only wear 20% of our wardrobe regularly each year. Shopping pre-owned apparel can help you cut costs and feel better about items you may not have the opportunity to wear regularly.

Sources https://myyearwithoutclothesshopping.com/shopping-clothes-emotions/how- much-do-you-wear-and-waste/ https://www.thecut.com/2013/04/you-only-wear-20-percent-of-your- wardrobe.html https://www.forbes.com/sites/emmajohnson/2015/01/15/the-real-cost-of-your- shopping-habits/#41eb80de1452 http://www.whowhatwear.com/best-luxury-handbags-resale-value/slide2 https://www.designer-vintage.com/en/lists/article/the-8-brands-with-the-highest- resale-value http://www.thefashionlaw.com/home/not-all-luxury-bags-are-actually-good- investments https://www.menshealth.com/style/pays-to-buy-used-clothing https://www.gentlemansgazette.com/must-have-items-every-man-should-own/

Tagged: Online Auction, Estate Sale, Luxury Closet, luxury resale    

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