Are Men’s Bags Overtaking Sneakers in the Resale Market?

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It’s no coincidence that both the runways and red carpets have been filled with chic men’s bags as of late.

. The new interest in collecting bags is more piggybacking than a complete overtaking. “The men’s bag resale market isn’t so much taking over the sneaker resale market as it is building on it,” says Makar. “There’s been a shift among male sneaker enthusiasts. Instead of sneakers being the dominant spend category, accessories are now competing with sneakers for share of wallet.”Wallet-wise, menrealizing that collecting bags is a much smarter long-term purchase, says Gorra.

“Bags are becoming more of a unisex collector’s item because they are often recession-proof, like in the case of Chanel bags gaining value due to to the label’s price increases,” he says. On Rebag, they’ve seen an uptick in men looking at Birkin bags, “for both fashion and investment.

 

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