Clair Report 2023: Rebag releases its second annual luxury resale value

Louis Vuitton held their place as the top three labels — their historic legacies play a role as well as their control over pricing and inventory Bottega Veneta continues to consistently climb the ranks, retaining value in line with brands such as Prada, Celine, and Balenciaga Hermès handbags continue to top 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 The value of timepieces and fine jewelry: Van Cleef & Arpels, Rolex, and Cartier stand at the top of the chart  Van Cleef & Arpels pieces retain an average value of 95% of their retail value  Rolex timepieces currently retain 82% of their retail price  Watches and fine jewelry by Cartier averaged 74% of their retail value on the resale market Key accessories ideal for the “entry-level luxury consumer”: The accessory with the highest retention value is the cardholder, retaining an average of 102% above their retail value  Pochettes are next, keeping on average, 97% of their initial retail price and cosmetic cases come in third, retaining 92% of their…