Rebag's New App Instantly Calculates the Current Resale Value of Designer Handbags

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Rebag's New App Instantly Calculates the Current Resale Value of Designer Handbags
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Meet Clair, the Comprehensive Luxury Appraisal Index for Resale.

Author:Dara PrantUpdated:Oct 24, 2019Original:Oct 24, 2019In 2016, a study by Baghunter found that the best option for long-term investors is to buy a Hermès Birkin handbag. Then the fashion resale market took off, and big players like Rebag, LePrix, The RealReal and Vestiaire Collective, along with Hermès-specific sellers like Jane Finds, made it easier than ever for consumers to find what were once almost mythical accessories.

"With more and more consumers contemplating the resale value of their luxury purchases, we've created a taxonomy that provides a more transparent way for consumers to shop more wisely," says Charles Gorra, Founder and CEO of Rebag. "We've spent years gathering data and analyzing the luxury handbag market. Clair is our way of sharing that knowledge with the world."

The tool makes it possible to instantly check the value of luxury handbags in three easy steps: first, by going through the Rebag website or directly to the app; once on the Clair portal, you can select the handbag's brand, model, style and size; then, you give the platform more information about the color and condition of your bag, and finally, it will generate the accessory's resale value.

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