1、JA N UA RY 2 0 2 3Luxury Consignment ReportExclusive data charting shifts in the luxury market over the past several months and looking forward to the year aheadTop Stories in This Report The pandemic-era sky-high resale prices for ultra-luxe investment bags are finally stabilizing,with some consume

2、rs turning to trendier,more affordable options.1.THE BAG TRADE D OWN TRENDCost-conscious shoppers are gravitating toward fair condition “gateway bags,”which allow more people to enjoy luxury fashion on their own terms.2.FAIR C ONDITION:THE G ATEWAY TO L UX URY From unexpected colorful gemstones to e

3、vent-ready dresses and suits,these are the years most bankable trends.3.WHAT TO BUY&S ELL IN EARLY 20 23TAB LE O F C ONTENTS1.The Bag Trade Down Trend Over the past three years,prices for high-end luxury bags from Herms,Chanel,Gucci,and Louis Vuitton have steadily increased,selling for an average of

4、 more than 70%of their MSRP.But going into 2023,the resale value of these bags is beginning to level out,with prices down 5%in the last six months.Instead of investing in ultra-luxury classics,many consumers are looking for more affordable,trendier styles from Bottega Veneta,Prada,Miu Miu,Dior,Burbe

5、rry and Valentino.1.T H E BAG TRADE D OWN T RE N DYounger consumers cant get enough and while that viral ultra-mini skirt may not be the most practical investment,sales of leather shoulder bags by the brand are up 178%.M I U M I U I S T H E M O M E N T*Comparing Q4 2021&Q4 2022M I U M I U(+5 5%)B OT

6、 T E G A V E N E TA(+4 5%)D I O R(+3 8%)Going StrongB UR B E R RY(+3 6%)VA L E N TI N O(+2 1%)P R A DA(+2 0%)The departure of a creative director often heralds an uptick in demand as older pieces become more collectible and excitement builds around the new guard.2023 may see a spike in sales once Al