Not all luxury fashion brands are made equal – some hold their value better in the market than others. Therefore, products from a number of brands can be resold close to their original prices, while others’ value declined significantly. This, as Erin Griffith of Fortune explains, depends on many factors, such as online availability, frequency of in-store discounts, and the number of outlet stores. So before you buy that handbag, make sure the brand guarantees a good investment.
Here are the brands that hold their value well:
- Louis Vuitton
- Patek Philippe
- Audemars Piguet