2024’s Top Luxury Brands To Consign
Considering Selling your Luxury Items?
Considering selling your luxury items?
If you’re thinking about selling your luxury items, now is a great time.
With sustainable shopping on the rise, many buyers are seeking pre-loved, timeless luxury goods that often maintain or increase in value over the years. If you possess luxury clothing, bags, jewelry, or other items you no longer use, exploring consignment could yield exceptional returns.
The Most Popular Luxury Brands Today
Based on the latest insights from Luxe Digital, the leading names in luxury brands for online consignment are Gucci, Dior, Chanel, Louis Vuitton, and Hermès, with Tiffany reigning supreme in the jewelry category, and Rolex leading the way in watches. Prada, Versace, and Ralph Lauren also hold their own in the top ten.
Gucci, consistently the frontrunner for the past 5 years, appears to be aligning with the growing demand for sustainable supply chains and gender-inclusive fashion, resonating with an expanding clientele. Shoppers are particularly drawn to Gucci's range of shoes, bags, belts, t-shirts, and watches.
Dior, making a noteworthy ascent to second place, owes its recent popularity boost to unique collaborations like the Dior x Birkenstock Cottagecore-inspired collection, a resurgent beauty line, and the enduring allure of the Lady Dior bag. Buyers gravitate towards Dior's offerings of bags, perfumes, shoes, sneakers, makeup, and t-shirts.
Chanel, firmly securing its position at #3, is also implementing purchase limits on select items, starting with the Classic Flap Bag. Nevertheless, Chanel's appeal remains unwavering, with consumers favoring their selection of bags, perfumes, earrings, necklaces, lipsticks, wallets, and shoes.
These top brands are popular across generations. Not every luxury brand is in high demand today, though. For instance, items with Michael Kors, Kate Spade, and Tory Burch logos have been declining in resale value. - Nyah Chapman, Founder & Creative Director of The Luxe List Official
Luxe Digital’s Top 15 Most Popular Luxury Brands
1) Dior
2) Gucci
3) Chanel
4) Louis Vuitton
5) Hermès
6) Rolex
7) Prada
8) Tiffany
9) Versace
10) Burberry
11) Balenciaga
12) Swarovski
13) Saint Laurent
14) Omega
15) Armani
Popular Vintage Items From Luxury Brands
Vintage or pre-owned Tiffany jewelry has surged in popularity among buyers, with pieces from the iconic "Return to Tiffany" collection commanding prices several times their retail value. Remarkably, Tiffany clip-on earrings are among the sought-after treasures in this category.
Vintage Chanel necklaces have emerged as strong contenders for sellers, boasting an impressive return on investment (ROI). Reports of vintage Chanel necklaces selling for up to 697% of their original retail price are truly remarkable.
In the realm of sneakers and watches, certain items are also yielding substantial ROI. Collaborative efforts like New Balance sneaker collaborations, high-value Nike Sneakers, and Dior Jordans have captured the attention of enthusiasts. Meanwhile, in the world of horology, Rolex Submariner Date watches and Patek Philippe Nautilus watches have consistently commanded prices well above their initial retail values.
Across various luxury brands, the '90s fashion resurgence has made a significant impact in recent years. Items from designers such as Jean Paul Gaultier, Thierry Mugler, Prada, Missoni, and Vivienne Westwood from this era have witnessed remarkable popularity among fashion aficionados and collectors alike.
How to Sell Your Luxury Items: Consignment vs. Auction
When it comes to selling your luxury items, there are several avenues to explore. If you're looking for a hassle-free approach and prefer someone else to handle the sales process, selling with Luxe Labels could be an ideal choice.
Partnering with Luxe Labels is a turn-key process. Luxe Labels (the consignee) will list and sell your items on your behalf (the consignor). In return, the consignee typically takes a percentage of the final sale price. Consignment offers convenience compared to selling items independently and often increases your chances of securing the best price.
It's important to note that most consignment platforms have standards. They usually won't accept items that are significantly damaged or in poor condition. Additionally, they will only take items they believe can sell successfully based on current market trends and data.
Another option to consider is hosting an auction for your luxury items. Auctions enable potential buyers to compete for your items, with the highest bidder ultimately claiming the prize. Auctions can yield unexpectedly high prices if enthusiastic buyers engage in competitive bidding. However, if interest is limited and your network is small, your item may sell for a lower price. Auctions are typically well-suited for rare and highly sought-after items.
In most cases, we recommend consignment for selling designer and luxury goods, which can include fine jewelry, vintage clothing, and older designer handbags. It offers a convenient, turn key, and effective way to market your valuable items to a discerning audience.
Ready to Consign Your Luxury Items?
At Luxe Labels, we offer high-end consignment, estate sale, online auction, and appraisal services. We can help you fetch the best price for your designer clothing, fine jewelry, and other luxury items. Our company typically takes 20-35% of the commission, depending on the price of the item.
As a consignee, we will list your items on our online luxury platform to make sure they get a wide audience. We also use our network to help get your items sold faster with less hassle.
While you wait for your items to sell, we keep them in a secure facility. Our goal is to give you peace of mind as well as the best possible price for your items.
Luxe Labels brings years of industry knowledge and professionalism to every client we work with.
About Luxe Labels
Luxe Labels powered by The Luxe List Global is an online luxury consignment boutique and the ultimate destination for pre-owned luxury brands. Luxe Labels offers a unique opportunity for fashion aficionados to acquire and sell high-end items from luxury brands such as Chanel, Louis Vuitton, Gucci, and Hermes, etc.
With a passion for sustainability and and a commitment to circulating the finest in pre-owned authenticated luxury goods, Luxe Labels offers a guilt-free indulgence while reducing environmental impact.
