Kokomo Tribune; Kokomo, Indiana

Features

May 15, 2014

Shopping to resell

Resell jeans? Resale value goes beyond used cars

(Continued)

But data suggests it's a fast growing area of retail: Shoppers seem to have resale value in mind. According to a survey conducted last year by market research firm The Intelligence Group's Cassandra Report, 44 percent of 900 shoppers between the ages of 14 and 34 think of resale value when they purchase things like electronics, furniture and clothing.

Shannon Dolan, who lives in San Francisco, said she'll buy a Louis Vuitton handbag over a Gucci one based on how much she believes it will command if she resells it.

"It absolutely changed the way I shop," said Dolan, who has made $10,000 on online luxury resale marketplace TheRealReal by selling clothes. "I'm really thinking of the value and investment of some of the things I'm buying."

Resale sites have taken note. The sites marry the discounts found on resale online king eBay with tighter controls. Luxury sites like Portero and TheRealReal, the largest seller of authenticated luxury resale goods with business expected to reach $100 million this year, have staff to make sure designer goods are authentic.

And the sites have all kinds of tricks of the reselling trade. For instance, TheRealReal said it doesn't carry even some higher end brands including Escada, St. John and Max Mara because they've been inconsistent or have lost buzz, and thus, don't command high resale prices.

Conversely, the ones with the most value in pre-worn clothing and handbags are: Chanel, Hermes and Louis Vuitton. In shoes, it's Christian Louboutin, Wainwright said.

Some shoppers say the sites make them more comfortable about spending money in traditional stores.

Amy Fine Collins, a special correspondent for Vanity Fair magazine, sold a Chanel handbag on Therealreal.com for about $1,000, a few hundred dollars more than she originally paid for it at the store. She had the handbag for about a year.

"I don't have to get a nose bleed at the prices the way I used to. I know there's a strong secondary market," she said.

Text Only | Photo Reprints
Features
  • Teens-Vacation Selfies [Duplicate] Vacation selfies NEW YORK (AP) — Jacquie Whitt's trip to the Galapagos with a group of teenagers was memorable not just for the scenery and wildlife, but also for the way the kids preserved their memories. It was, said Whitt, a "selfie fest." For this generation, "di

    August 2, 2014 1 Photo

  • CARSON: Be grateful for everything you have During his ESPN Pre-ESPY Award interview, Dwayne “The Rock” Johnson was asked: “Do you have a dream role that you would like to play?” His response was: “It sounds cliquesaic but this is the truth. Brother every role is a dream role for me. I got cut

    August 2, 2014

  • Remote solutions 1 Remote solutions Remote controls, designed to make life easier and more convenient, have become so numerous in many homes that keeping track of them is a challenge all its own. There are often separate remotes for the TV, DVD player, cable box and sound system. And i

    July 31, 2014 2 Photos

  • Sometimes it's the parents, not the child, who need fixing I absolutely love it when people begin to realize that the problems they're having with a child are of their own making; when they begin to realize, in other words, that the child is not the problem. They are! All this time (however long that might b

    July 31, 2014

  • Film Review Guardians of the Galaxy 2 Chris Pratt enters a new 'Galaxy' NEW YORK — After Chris Pratt tweeted a shirtless photo of himself to flaunt the shape he had gotten into for “Zero Dark Thirty,” he received, he says, a “giant ball of criticism” from his friends. It also helped land him the lead in one of the summer

    July 30, 2014 3 Photos

  • New Amish Cook introduces her family

    There's nothing quite like eating that first corn on the cob, spotting a red tomato for the first time or picking that tiny cucumber that hasn't quite matured yet.

    July 28, 2014

  • Gardening-Tiny Vegetables [Duplicate] Tiny vegetables Truman Capote famously told friends that the very wealthy eat better vegetables — tiny ones. So there's another plus for gardening: It's easier to eat the way the super-rich do. Not that smaller is always better in the world of vegetables. A cucumber

    July 28, 2014 1 Photo

  • McCauley 02 Half a Century and Happy: The McCauleys Galveston High School freshman James “Jim” McCauley showed he had a crush on eighth-grader Carlis VerBryck by tormenting her. He would see her in the hallway, pull the sashes in her dress, and run away. Carlis was not impressed. “I was pretty aggrava

    July 27, 2014 2 Photos

  • CARSON: Be strong in the Lord You may ask, “Brother Mike what is the point of my being faithful to God? It appears as if I am not gaining any ground. I’m faced with ‘drama,’ setbacks, heartache, illness, issues, negativity, pressure, being lied upon and talked about. I am a tithe

    July 26, 2014

  • Teens Doping [Duplicate] The rise in teen doping NEW YORK (AP) — Experimentation with human growth hormones by America's teens more than doubled in the past year, as more young people looked to drugs to boost their athletic performance and improve their looks, according to a new, large-scale nation

    July 26, 2014 1 Photo

Latest news
Featured Ads
Only on our website
AP Video
Renewed Violence Taking Toll on Gaza Residents 2 Americans Detained in North Korea Seek Help US Employers Add 209K Jobs, Rate 6.2 Pct House GOP Optimistic About New Border Bill Gaza Truce Unravels; Israel, Hamas Trade Blame Raw: Tunisia Closes Borders With Libya Four Rescued From Crashed Plane Couple Channel Grief Into Soldiers' Retreat WWI Aviation Still Alive at Aerodrome in NY Raw: Rescuers at Taiwan Explosion Scene Raw: Woman Who Faced Death Over Faith in N.H. Clinton Before 9-11: Could Have Killed Bin Laden Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller