'The Telfar Shopping Bag could even be considered cooler [than] owning an Hermès bag,” Rebag's CEO said.
“Based on Rebag’s Clair data, we estimate brand values based on the average retention value on the secondary market. Telfar items, on average, carry an average value retention of 195 percent on the secondary market, meaning that they appreciate to nearly twice as much as their original retail price,” Rebag chief executive officer Charles Gorra, told WWD.
As for other key findings in the report, Rebag said that while the watch market continued to boom in 2022, early signs indicate it could plateau amid looming economic uncertainty. That being said, Rebag still crowned a handful of investment bags, like the Telfar Medium Faux Leather Shopping Tote, Louis Vuitton Monogram Canvas Bum Bag and Chanel Quilted Caviar Mini Classic Single Flap Top Handle Bag, for shoppers to keep in mind.
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