The new currency of fashion, luxury brands products

      British Book sustainable technicians have the illusory and Bitcoin fashionistas products luxury brands. Fancier than the ticket of a dull green dollars, are upscale clothing designers increasingly their own money and make money by reselling websites such as e-commerce Real Real, Fashion Phile and ThredUp.

If you're thinking about shopping for Louis Benjamin, you are lucky, the entry into the designer market has never been easier. "What we do is to make every brand available," said Sarah Davis, founder and CEO of Audiophile Fashion Southern California on a site resale handbag with a showroom on Maiden Lane in San Francisco. Davis says the company's customers are not rich women think stereotypical people. They range from designer obsessed students save their salary after school work to make their first purchase of luxury connoisseurs and expand bag foreigners who buy and sell on permanent space for the sack of the state at the time.

So if you are to trade, upcycle or want cash, it is important to know the rules of the game Some brands and models are better investments than others. So that if "it" bag holder wannabe start?

"Coach bags is the gateway drug," Davis, who also holds said low luxury label Kate Spade and Dooney & Bourke as an entry into the luxury market points. From there, Davis said that people tend to go more renowned labels.

While it is usual taken for upscale handbags from the likes of Balenciaga, Fendi, Gucci and Prada to quadruple digits, warns that Davis higher price is not always the best indicator of resale value.

"A woman came to us there not long ago, and she had a Fendi bag she had paid more than $ 2,000, and I told him he was going to sell [on Fashion Phile] for $ 400th The problem was that it not a super popular style, Fendi and many updates and sold in the points, "says Davis.

She says that there can not be sold, to invest a bag over its sale price, it is advisable to labels that are not reduced. Particular brands such as Chanel, Hermes and Louis Vuitton, which sells exclusively to the dealer, not department store and never go on sale.

In addition, the latest models and great season does not hold their value as well as classic styles. Consider the Louis Vuitton Speedy: For years, it was exactly the same way the number of stitches. The only thing that has changed is the price, which has increased over time. This means a bag Speedy bought it ten years actually increase in value disappeared over time.

Similar principles apply to resale in the field of luxury clothing, where the founder and CEO Julie Wainwright Real Real said Celine, Chanel, Hermes and Louis Vuitton Seller are guaranteed. The Real Real, which cycles around 20,000 pieces per month through its San Francisco camp, also provides a secondary market for cult labels such as Chrome Hearts line, Azzedine Ala?a and Rick Owens.

Not surprisingly, the styles, classic or gooseberry, look for the best prices on the website.

If you invest for the long term, timeless cuts of quality fabrics are the best bet.

ThredUp specializes in the resale of affordable and high-quality clothing for women and children and is responsible for the premium instead of luxury brands in the first place. The business has the equivalent of two car magazines worth of clothes on their website every day. For women, anthropology, Tory Burch, BCBG, J. Crew and Tom were the most popular. ThredUp says that even in children's clothing, the resale value does depend on the quality and brand better collect the best return on investment is perceived. In particular, Levis, Gap and Gymboree are wise investments.

If you acquire wisdom, fashion clothing is not a sunk cost, but a currency that can be used to develop, improve and recycle a wardrobe can be. But be careful climbing the ladder designers rather be a return. "Once you wear Chanel, you do not want to go," Davis said.