FASHION NEWS — consignment

The iconic French brand, Goyard, has become a staple in the luxury handbag game. Purposefully understated, the recognizable Goyard tote is oftentimes the leading contender against the market favourite Louis Vuitton Neverfull. 

The proudly, privately owned company is notorious for being even more exclusive than its competitors. The brand’s limited number of boutiques helps Goyard bags and other goods retain their high value on the resale market.

Last month on Instagram we asked if our followers were interested in knowing the history of Hermès Kelly bag and over 60% pressed “YES”. So September turned out to be a perfect time to share some stories and to take you through histories of the most famous, beloved and cult handbags of our time. These handbags are conversation starters, and not only status symbols but cultural symbols as they carry a plethora of cultural references and stories behind them. They don't only belong to our wardrobes and private collections, but also films, museums and art exhibitions.

This spring, while loyal Chanel customers were still processing the recent price hikes on their favourite Chanel bags, they had another development coming their way; no more authenticity cards. What was once a staple for verified assurance that what you purchased was the real deal, is now no more. Of course, avid high-end fashionistas may be aware of this change, as they keep up on the latest news pertaining to the luxury market, but others may be caught off guard by its absence.

If you’re an avid Luxer, you may recognize this face as our fearless leader, founder, and CEO of Lux Second Chance, Diana Nguyen. If you’re new to the blog, then let me introduce you to the determined entrepreneur, passionate eco-conscious shopper, part-time Torontorian, part-time Parisan, and Chanel fanatic behind the success of Canada’s biggest consignment aggregating shopping platform.

As we putter through January, it’s not too late to set your goals and resolutions for 2021! We’re talking in particular about fashion-related goals that are not only good for you and the environment, but also feasible enough that you can make them your All Year resolutions, as opposed to a New Year’s resolution.

Is investing in the cards for your future? Does that sound totally dry and really not something you’ve thought about in-depth? Once upon a time (when our parents were young adults and thinking about their first investments) you’d have to go into a bank, talk in great lengths to some generic-looking man and try and remember all the jargon words being tossed around like diversification, bonds, dividends, and volatility. Well, times have changed, in a big way! 

Love fashion? Great at scouting out a deal? Then maybe your type of smart investment lies in the resale luxury market.