How does the resale value of luxury goods compare to retail?

Luxury goods generally retain significantly more resale value than mass-market fashion Hermès handbags often resell above retail, while most mass-market fashion items lose 70–90% of their value immediately. Factors affecting resale value include: brand prestige, product scarcity, condition, year of manufacture, and current fashion relevance. The resale market has made luxury investment thinking more common among fashion buyers.