Karl Lagerfeld’s Passing and the Resale of Chanel and Fendi Goods

by Tessa Hall March 25, 2019

Karl Lagerfeld’s Passing and the Resale of Chanel and Fendi Goods

Last month the fashion world was shocked to hear the passing of a legendary icon, Karl Lagerfeld. His extensive career and decades of dedication to the brands of Fendi and Chanel were mourned along with the innovative and creative genius himself. As a result, these two iconic fashion brands are faced with replacing a legend while maintaining his loyal band of followers and the brands’ creative identities. This could mean a visible shift for the brands moving forward. This month we examine and predict how Lagerfeld’s passing could affect the future of Chanel and Fendi, specifically the resale and consignment of Lagerfeld-era Chanel and Fendi goods.

Image courtesy of: https://models.com/people/karl-lagerfeld


Upon Lagerfeld’s passing, Chanel announced Virginie Viard as the person who would continue his work with the fashion house. Previously, Viard was a relatively unknown company insider and director of the Chanel fashion creation studio while she was Lagerfeld’s right-hand woman for more than 30 years[3]. On the other hand, Fendi has yet to announce Lagerfeld’s successor [3], which some could presume means further shifts within the luxury brand.

Since Lux Second Chance is in the luxury consignment market, this blog wouldn’t be complete without predicting, or better yet, already seeing the result of a huge influx of sales of Chanel and Fendi goods. Collectors and fashionistas alike are scrambling at the chance to own a Chanel and/or Fendi piece from the Lagerfeld reign. Luxury consignment stores globally have seen an increase in searches, page views, and purchases of Chanel and Fendi products, most popular being the iconic Baguette bag, relaunched by Fendi this past February [4].

Along with physical vintage stores, merchants say there has been an increased demand for Chanel in particular, specially 90s’-era designs as it was a very iconic time for the brand [2]. For handbag demands, shoppers are gravitating towards both staples Chanel pieces; the Flap and Boy bags, as well as vintage and novelty styles such as the Hula Hoop and Lego Clutch [2].


Speaking to WWD, Ashley Ricketts, Luxe manager of ThredUp explains, “The resale market plays an integral role in commemorating late designers by giving new life to their past collections.” She continues on to say, “Greater scarcity results in greater demand. In the coming weeks, we expect to see a surge in the sale of Karl Lagerfeld-era Fendi and Chanel pieces. We also anticipate an increase in the consignment of these brands, and it’s possible that some iconic or rare styles will command higher prices.”[2]

In order to bring in more Fendi and Chanel stock, consignment retailers are offering major increases in commission percentages for sellers as incentive to cash in on their Fendi and Chanel goods while the demand is still high [2].

Experts say it is too soon to see a significant rise in price for these sought after goods, however, the renewed interest in the brands means an influx in price of resales is likely [4]. While the progression of the resales of Fendi and Chanel are not yet concrete, it is safe to say that as a result of Lagerfeld’s passing, collectors want a piece of that history before the brands’ move into a post-Lagerfeld era.

Should shoppers invest now, or wait until the hysteria dies down? Certainly we’ve already seen the commercial response to the death of the beloved designer. Buyers are already searching out the best deals before everything gets too inflated [1]. Conclusively, experts believe the hype and demand for Lagerfeld-era designs is not going anywhere. Demand for Chanel and Fendi goods have always been consistently high, which means there will never be an ideal time to purchase a Lagerfeld Chanel or Fendi piece at a bargain price [1].

Moving forward, consignment retailers have already started labeling Chanel pieces to specify those designed by Lagerfeld as they do for pieces designed by Coco Chanel[1]. Our suggestion is to seek out this information and/or year of manufacturing to confirm you’re purchasing a Lagerfeld-era piece before you drop serious money on a piece of fashion history.

In conclusion, Karl Lagerfeld was not only a force to be reckoned with within Chanel and Fendi, but the fashion industry as a whole. It is without a doubt that he will go down in fashion’s history as one of the greatest of all time, along with other greats such as Coco Chanel, Christian Dior, Alexander McQueen, and one time companion of Lagerfeld’s, Yves Saint-Laurent. With over 50 years since he first started at Fendi (later Chanel in 1983) [5], there are not many who can say they’ve had a career as long and influential as his. Although the fashion world still mourns the loss of an icon, many can hardly anticipate the change on the horizon for these two brands and how that will shape the industry moving forward.

To shop Chanel and Fendi products, click on the links below:

Chanel      Fendi


  1. Tamara Abraham, “Karl Lagerfeld’s legacy: should you be investing in a piece of fashion history?”, The Telegraph, February 27, 2019. https://www.telegraph.co.uk/fashion/style/karl-lagerfelds-legacy-should-investing-piece-fashion-history/
  2. Sharon Edelson, “Interest in Chanel Spikes on News of Karl Lagerfeld’s Death”, WWD, February 20, 2019. https://wwd.com/business-news/retail/interest-in-chanel-spikes-on-news-of-karl-lagerfelds-death-1203038689/
  3. Elizabeth Paton and Vanessa Friedman, “After Karl Lagerfeld, What’s Next for Chanel and Fendi?”, The New York Times, February 19, 2019. https://www.nytimes.com/2019/02/19/fashion/karl-lagerfeld-chanel-fendi.html
  4. Lauren Sams, “Fendi and Chanel resales skyrocket after Lagerfeld’s death”, Australian Financial Review, March 14, 2019. https://www.afr.com/lifestyle/fashion/fendi-and-chanel-resales-skyrocket-after-lagerfelds-death-20190314-h1cdqo
  5. “About the Man: Karl Lagerfeld”, Karl Lagerfeld. February 2019. https://www.karl.com/experience/us/biography/

Tessa Hall
Tessa Hall


Leave a comment

Comments will be approved before showing up.


Fashion and Function: The New 2020 Essentials
Fashion and Function: The New 2020 Essentials

by Tessa Hall September 23, 2020

So clearly 2020 has been nothing like we anticipated. As an extension of that, our new wardrobe looks and choices have kind of been the same way. Have you been opting for CK sports bras over your favourite sultry lace bras? Are you finding new ways to incorporate athleisure wear into going out outfits? Has that tube of mascara you bought in March lasted you into the fall? It’s okay! That’s where we’re at too!

Let’s take the shame out of low-maintenance looks and let’s embrace this new normal for what it has to offer: functional and fashionable alternatives!

Continue Reading

See What's In the Cards for Fashion This Fall!
See What's In the Cards for Fashion This Fall!

by Tessa Hall July 20, 2020

Although summer is in full force, everyone knows fashion is always looking months ahead. With that, we wanted to switch it up this month and bring you our latest trend forecasting! Looking ahead to fall 2020, you can expect daring choices, reoccurring staples, and a way to incorporate your style into any trend! We scoured the fashion Bibles: Vogue, Marie Claire, Elle, and Harper’s Bazaar to note the common denominators in each list. This brings us the top six reoccurring trends for the fall

Continue Reading

9 Ways to Actively Fight Anti-Black Racism In Fashion
9 Ways to Actively Fight Anti-Black Racism In Fashion

by Tessa Hall June 19, 2020

If you’re like us, you’ve been reflecting, listening, and educating yourself on the current racial injustices in the world. This was sparked by the brutal murder of George Floyd in the United States and the associating protests that have happened as a result of that. We, as a world, have been made aware (again!) to the grim reality that still faces a large population of our world, simply based on the color of their skin. This MUST change and this must change now. Colonialism and its damaging effects have been a part of North American culture for over 400 years now. It affects every industry and every sector of our society. Nothing is free of the effects of racism still happening today, and the fashion industry is most definitely a part of that.

Continue Reading

For more details see our Private Policy or Contact Us.