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August 2017

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A Good Time For Luxury Resale Buying (Update, 2017)

Sale PSA: Classic Tory Burch signature ballet flats, now 33% off, an organic linen crop sweater from Eileen Fisher, now under $90 (I tried this on and it’s a nice extra layer over dresses and tops), and kick flare jeans from The Great, now just $66 (75% off! I also like these slouch cargo pants). 

One of my more popular posts in 2015 was my update about it being a good period to buy luxury goods on resale sites. The luxury market was in a bit of a slump, prices hadn’t been raised in some time, and there were lots of deals to be had.

Two years later, in 2017, I’m finding this is still true, if not even more so. Prices are way soft, and there are some fantastic deals to be had. Especially since brands are no longer reliably raising prices every year (and thank goodness that has ended), I’m finding that resale sites are no longer daring to charge actual retail price, and actually have to provide good discounts to give deals. Which is how it should be, no? Although it’s painful on the seller side, as I have quite a few goodies now sitting unused after new baby which I mourn will not see the light of the day for some time.

One interesting aspect of the whole resale price slump is that it’s made me a lot more mindful of luxury purchases – prior to 2015 I knew that if I changed my mind or didn’t like a style, I could usually recoup what I paid (or close to it) for an item. Even though I didn’t necessarily sell very much (I’m all talk, little action), it still was a comfort that I wouldn’t take a huge hit if I was going re Kondo. But now? I’m super picky. I have to not only really love an item and be drawn to it, but also feel that it’ll immediately have a useful place in my wardrobe in order to pick it up. And sometimes I still decide to walk away…I’ve learned it’s more often that I’ve regretted buying something, than not buying it. And I hope that’s a lesson I can remember and take going forward!

How has the stagnation in luxury prices changed your buying (and selling?). I’d love to hear how, if at all, your thinking has been impacted.

Also – below – some of my recent finds. Tons of good deals to be had out there (but make sure you’re buying because you love the item, not just because of the price!)

Chanel Gray Reissue Camera Bag, under $1400: A classic Chanel that’s super useful and in a gorgeous shade of gray. I love this one!

Hermes Double Sens Tote in Blue/Black reversible, under $2500 : I find there are great deals on the Double Sens on almost every resale site right now, so shop around if you’re in the market!

Hermes Etoupe Victoria bag, under $2800: Another fantastic Hermes style, in a classic color at a great price. The Victoria hasn’t been as popular as it was when it first debuted, and that means there are some nice prices to be had out there.

Life

Weekend Update

Sale PSA: The perfect white slouchy shorts from AG, now 30% off, a chic striped shirtdress from By Malene Birger, now $166 (I also like this oversized sweater, now under $200), and a simple striped off the shoulder dress…

Style

Favorites Under $100 – Summer 2017

Sale PSA: The classic Stella McCartney Falabella shoulder bag, in a tan/brown color, now under $500,  Joie cotton painter pants, now 40% off (a great option for anyone looking for white pants for summer), round “Cinema” sunglasses from Prada,…

Life

Weekend Update

Sale PSA: Easy cropped pants from Sanctuary, now just $54 (I love the olive), very cute wrap front shorts from Derek Lam, now 60% off, and pretty tan wedge espadrilles from Soludos, now just $55. 1. Sharing the prettiest,…

Style

The Watch

Sale PSA: A pretty bell sleeved poplin dress from WAYF, now under $45, a simple leather bucket bag from FRYE (great quality and a forever style), now $250, a very pretty and chic striped blouse from DVF, now $125…

Life

Weekend Update

Sale PSA: Nordstrom has done additional markdown on a few items I’ve featured before – both this adorable Alice & Olivia romper and FRAME midi dress are 60% off now, a pretty block heel sandal from Tory Burch, now…

Style

The Rocket Dogs

Sale PSA: Gorgeous lace up leather sandals from Aquazurra, now under $300, a tie front midi dress from ASTR (very Reformation, but this one is way less), now under $45, and two Rebecca Minkoff guitar straps for easy handbag…