Resale Value of Gucci, Chanel, Louis Vuitton Handbags is Falling
Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in 2023, are trading down when they’re shopping, and that includes in secondhand stores. As reported on CNN, demand for secondhand goods remains red hot, with the resale market expected to reach $82 billion in sales by 2026,…