SnobSwap.com Releases Insights Online Consignment and Resale Trends

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SnobSwap.com Releases Insights Online Consignment and Resale Trends

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The resale value of designer goods is dependent on a number of factors. While most designer pieces lose some of its value after purchase, there are always the classic few that hold or even increase in value including Hermès and Chanel.

Today, designer resale website SnobSwap.com is sharing its first report on online consignment and resale trends. This report focuses on brands that are the most popular amongst online shoppers and have the quickest sell-through rates. SnobSwap analyzed data from more than half a million users and activity from an extensive list of brick-and-mortar boutique partners selling on the site.

Based on a comprehensive analysis of sales trends and user surveys, SnobSwap announces the top 25 most popular designer brands in resale include: Louis Vuitton, Chanel, Coach, Christian Louboutin, Tory Burch, Gucci, Prada, Michael Kors, BCBGMAXAZRIA, Diane Von Furstenberg, Kate Spade, Hermès, Jack Rogers, Betsey Johnson, Christian Dior,Alice + Olivia, Burberry, Juicy Couture, Manolo Blahnik, J.CREW, Dolce & Gabbana, Fendi, Jimmy Choo, Marc Jacobs, and Marc by Marc Jacobs.

Amongst these top 25 brands, the brands with the quickest resale sell-through rate are classic designers such as Hermès, Dolce & Gabbana, Christian Louboutin, Louis Vuitton, Christian Dior, and Fendi.Contemporary brands that also made the list include Tory Burch, Michael Kors, Marc Jacobs, Betsey Johnson, and Kate Spade.

“The resale value of designer goods is dependent on a number of factors. While most designer pieces lose some of its value after purchase, there are always the classic few that hold or even increase in value including Hermès and Chanel. Of course, resale values for luxury goods can also fluctuate based on the economy, fashion trends, the designer of the brand or whether the item is the next “It” bag,” says Emily Dang, co-founder of SnobSwap. “Brands such as Givenchy have increased in resale value over the past few years, due to a changing of the guard with the talented designer Riccardo Tisci.”

The most popular categories that shoppers are buying used are dresses, shoulder bags, pumps, sandals, and tops. The average buyer spends around $300 on a pre-owned designer item.

The data is primarily based on shopping behavior on SnobSwap’s web platform. Snobswap will also be launching a mobile app this fall.

ABOUT SNOBSWAP

SnobSwap is the premier online platform to sell, swap and shop pre-owned designer clothing, handbags, shoes and accessories. SnobSwap is the only online marketplace that brings access to the best consignment stores and top closets in one destination.

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Russell Rabichev
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