Thanks to the Internet-driven high tide of vintage and designer clothing, pieces from luxury fashion brands are now being passed down to another generation (and in amazing condition) regardless of family ties. Vintage shopping — once a niche, novel way to upgrade one’s wardrobe — is now the norm, especially for Gen Z. Resale is now officially part of the mainstream style game. It’s gotten to the point where even brand-new luxury items purchased today are bought with potential resale value in mind. TikTok is full of videos advising which luxury items and brands maintain value over time — and there’s no wonder why.
Popular resale retailer The RealReal released its 2024 Luxury Resale Report,which, as its name suggests, examines trends and stats on luxury consignment, and this year, the vibes are shifting from the runway to real life. “Fashion is undergoing a seismic shift,” Rati Sahi Levesque, president of The RealReal, says in the report. “Trends less frequently flow from …