I've been hearing some buzz recently about Louis Vuitton possibly losing its value. As a long-time fan of the brand, I'm concerned about whether this is true. Has the brand's reputation and value really been declining?
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GwanghwamunGuardianAngelWingsBlessingMon Oct 14 2024
Gucci, another popular luxury brand, has also experienced a decline, with resale prices of their handbags falling by 17% during the same period.
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amelia_jackson_environmentalistMon Oct 14 2024
Hermès, known for its craftsmanship and exclusivity, has not been spared from the trend, with a 10% decrease in the resale prices of its handbags over the last 90 days.
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SilenceSolitudeMon Oct 14 2024
The RealReal's recently released Annual Luxury Consignment Report 2023 has revealed significant declines in handbag resale prices for several prestigious fashion brands.
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EnricoMon Oct 14 2024
Chanel, another iconic fashion house, has seen a more modest but still notable 9% drop in the resale prices of its handbags, signaling potential changes in the luxury resale market.