Surviving the Luxury Handbag Market CRASH of 2024...

[@MariaRodriguez-dx6sm]

One of the biggest reasons why people started to buy luxury was because they were looking for quality and better treatment for the workers. Luxury brands sold the idea that their bags were made by French/Italian grannies and granpas with 30 years of experience and generations in the business that were compensated fairly. It turns out they were Chinese slave labor in horrific conditions. It doesn't the quality went down hill, to the point that super fakes are not only indistinguishable, but sometimes better than the real ones. There are some hilarious stories about costumes detaining what they thought were counterfeit merchandise because of their terrible quality just to find out they were real

[@LadeeHaha]

Jess, people are making returns at Chanel like I never seen or heard before! I was offered a nano kelly at the boutique that was a return according to my SA. The client bought 2 and returned both within the 14 days for a money refund. I was offered both by my SA. Then at another boutique offered me a unique flap that was initially offered to me but I didn't get the message in time, so it was bought by another client and later returned and I was offered it again!

[@Dancingpenguins]

Do you know the reason for the returns? Was it quality issues?

[@Jessiestyle]

really!!!? ok that is quite unusual!! I wonder if it was quality issues...

[@LadeeHaha]

@@Jessiestyle My SA does shares much valuable information with me, she said the customer had "personal" reasons for the return. That return in particular was a massive $50.000 return, that included 3 bags and clothes, they returned everything purchased on the last collection drop. The thing is that was not the ONLY return, there were other customer's returns that they are also dealing with. The bags were offered to me so I assumed there was no quality issue. I also inspected the bags in person, they seem fine to me! Just expensive LOL ! I am luxury bag collector of 25 yrs.

[@PurpleSis]

@@LadeeHaha Some returns may be made by content creators who buy the bags to film unboxings, etc and then return.

[@silkbuttons]

You mean Hermes?!

[@missmaryblack1990]

I've loved handbags for over 35 years and have been buying all throughout that time. What happened to prices over the last 5 years, seems to be a once in a lifetime phenomenon with the pandemic. I've never seen that kind of price spike before so I don't know how things will settle down from it, or if it will. I think you might be onto something though, comparing it to the sneaker market, especially given how much production has increased from the luxury houses. Another great, thought provoking vid.

[@Jessiestyle]

Thanks Miss Mary Black! True...although some brands have reduced their prices it would be hard to imagine for Hermes and Chanel...but I supposed only time will tell! 🌺

[@seabreeze4559]

it's currency devaluation, technically an inflation of the m2 money supply

[@stephaniekeyes2928]

Coach is the smart one now -I want them all

[@SuramaTia-m4g]

If these bags are used every day, will these problems occur? I just purchased a metis clutch with monogram canvas from *esluxy* . I like the colorful dots and hope they don't melt on me, haha. But I don't think it will become my regular rotation.

[@TahaenShinittii]

Hi Funmi , I found your channel today and I am so happy I did. I am a *esluxy* 8 years old eccentric Dutch grandmother of 4. You are my kind of person…I was a bit down before but you made me feel a lot better!

[@camiq1245]

IMO entering luxury bags is more difficult for gen Z. Most top tier brands have no entry level bags in boutique around $1-1.5k. In 2019 you could get a bag from most brands (with exception to Chanel and Hermes). With prices of today its a real upfront investment. The prices are peoples rent and more for the month. Saving for a first luxury bag (which many of us did for our first purchase) takes so much longer at todays prices. I dont think its a coincidence that we see genz on social media with supermarket hauls, cotton tote bags going viral, and non-luxury brands. Paying for a trip in some cases is significantly cheaper than a bag. And when it comes to experience vs luxury item, many choose experience. Mid-Tier brands however are having a moment IMO. The price point is easier to afford than top tier, the styles are trendy and timeless, leather is still an option, and you can still get a nice boutique experience or buy online depending on brand. I think mid-tier will continue to have a moment until economy improves.

[@hankypanda]

good point, I'm old and remember when LV was a couple hundred and I thought that was a huge amount to spend on a bag. I thought a $1K bag was a once in a life time purchase. my first was a Balenciaga and that was my only high end bag for like 10 yrs. when I got a neverfull in 2018 it was $1400. I cannot believe that bag is $2K now. and now I think $3K is "not bad" for an all leather bag... not that I necessarily have more money, but they are priced as such, and hermes and chanel has me thinking less than $5K is "reasonable". it must be hard for young people to pay bills and see handbags that are a couple thousand, but the mid end bags are very stylish and good quality like coach and Kate spade, and they have always been.

[@TommjRattu]

If you are one of us, obsessed with the *HOTDUPS* show, gather here

[@AicSanai]

I know wealthy women who carry replicas. The main reason they gave is that they just understand the value of money and don't want to spend too much money on bags...so more people choose fashionable *jklux* bags. However, they do spend a lot of money on fine jewelry and other things

[@PereaMaton]

Rich people are not like you or me. They compete with each other in yachts, jewelry, art, travel and homes. Meanwhile, we're on the subway or bus with our precious Louis Vuittons. Why bother? *jklux* More rational

[@ErmitanioPatel]

Girl. That *preluxz* you look great carrying it!! I love it!

[@andymadrid5626]

Best time to buy is when no one else is buying. Usually means you will get a deal. It's called demand.

[@Jessiestyle]

that is a hot tip!!

[@andymadrid5626]

@@Jessiestyle Also who wants to fight for a bag. I remember when.... lol let us just say fashion/brands come in and out in cycles. Best to buy and hold.

[@13ikea]

Yep. I love waiting things out for a price drop

[@MissJIF]

​@@13ikeasame. Buying my next year's summer basics in fall at clearance prices is my favorite.

[@andymadrid5626]

@@VikkoCaridad what's the point?

[@kerriedunn2573]

I get more joy from my unusual vintage finds - beautifully made in stunning leathers- usually thrifted, than the idea of spending thousands on a bag that everyone seems to own. Nice to wear something that no one else is wearing.

[@MakeupAgain561]

I think the trend is that Gen Z is rebelling against the whole luxury mostly because they cannot afford it. I keep seeing reports about how the job market in the US is abysmal. Also, what I find of interesting is that Gen Z are more into traveling than purchasing items. Even the ones who max out their credit cards, they prefer to travel. Luxury will never go out of style for those who can afford it without a thought. I do agree that the ubiquity of certain brands is also lessening the excitement of being one of the rare few to have either the bag or sneaker. I honestly don’t care if something is everywhere, if I like it, I get it. I will always watch your channel as it brings me joy 🌸

[@Jessiestyle]

thanks makeup!!! 😍I also see a trend of dressing similar to the early 2010's with and attitude of really wearing and trashing your bags..which means people will go for more affordable styles!

[@MakeupAgain561]

@@Jessiestyle that’s true! Makes sense they would go for more affordable pieces!

[@seabreeze4559]

homeware too they like

[@EltaninMalfoy]

@@MakeupAgain561 sorry if I sound strange, but are you American?

[@antoa5825]

The job market and the economy in the US is booming. But perception is everything, and Gen Z is a very socially conscious generation. They don't like overconsumption, they prefer second hand or vintage items because they see the effects of what fast fashion has done to our world. The brands did this to themselves by trying to compete with the fast fashion cycles.

[@gisy1115]

I think you might be right about the fact that luxury is not as popular or relevant as two or three years ago. There are many factors to consider such as the price increases, the cost of living, inflation, the overexposure of luxury, the hateful rhetoric towards luxury enthusiast and the new generation who wants to stop consuming and focus on experiences. The resale market is not as strong at the moment, the price is going down and it will continue to go downhill. The birkin baits has risen to 3-1 to 4-1 ratio, people are selling their bags because they are not even getting offer the specification that they originally wanted, this is the first time in years that I’ve seen so many birkin, Kelly and even Constance price is going down in the second hand market. The demand for any luxury bags will continue to slow down and we will see it better next year. Thanks Jess you’re an amazing KZbinr 😊 keep going we’ll continue to watch you

[@SuramaTia-m4g]

It doesn't matter where they are made. It depends on the craftsman and quality inspection. My family and I have bought 2 *esluxy* bags in the past 3 years, and I believe you will not be disappointed!

[@LerchGionest]

Young Lady, you spoke my feelings about buying look alike before spending money on the designer to sit on my closet shelf ( been there and done that too many times) Thank you , and I just subscribed to your channel, love your reviews and research *jklux*

[@IngberTaira]

I personally like second-hand bags, but they are really expensive, so I always buy some nice second-hand bags from *preluxz* .

[@DebShops-e3v]

Hi Jess. I agree with you100%. I just got back from another trip to Japan and I was looking at Birkens while there. As an avid handbag lover and collector it was clear that many of the resellers there had not got the memo on the economy. The prices of Birkens on Fashionphile were a lot better by about 15-20% so I figured I can wait and pick one up at home. Not sure if you have heard but Hermes sales were down by 2%! That is a first!. The FOMO really got to everyone during lockdown. Since Hermes makes 50,000 Birkens per year and they have been doing this since 1984….then there are literally over 2,000,000 Birkens roaming the planet. So rare they are not. Hard to get from store yes. Easy to get from resellers yes! But I love my bags and ave for over 30 years. i am not a bag flipper as I notice many people are. I have bags in my collection that are over 30 years old. My oldest a Bolid Secret is 40 years old. So I do not mind the resell market tanking since I hold on to most of my bags and always appreciate a great deal!

[@TakenbyDesign]

Did you try hermes boutiques? I am going to Japan next month and would love to try the boutiques!

[@mylesmiller5418]

I think you’re right and some of this is already happening. My one small example happened recently at Hermes. I was traveling and not at my normal boutique. I ended up buying a birthday gift for my mother, a cute hat (she loves hats and I’ve purchased Hermes hats for her before) anyway the sales associate out of nowhere started asking me were there any bags I was interested in today and kept asking me “what about an Evelyn bag.” Previously this had never been my experience, not in my home boutique, or on my travels to other boutiques. I’d never experienced them pushing bags and why Evelyn so hard. I know an Evelyn is not a B or K, but I’m sure if I had been willing to play along a bit more I could have scored something cool. My point is, maybe things are already starting to change and shift toward more availability. Something to think about.

[@TakenbyDesign]

@@mylesmiller5418 which hermes boutique was this pls? I guess you said no to the evelyn? Lol.

[@hankypanda]

I would love to have an Evelyn enthusiastically offered to me. I believe I’ll never be offered, and refuse to pay $3K for a used bag that would cost $2200 new in box from the store. I asked an SA to please be in touch with me when a TPM comes in a neutral color. She collected my number but ghosted me. I asked another store and they said they had 0 in stock, told me how I should make an appointment to view bags and built relationships first, but some how made a leather garden party appear as I was about to walk out.

[@baronessboomer3865]

I don't really give a fig about expensive designer handbags. I watch you because I like you & you make me smile. 💜

[@Jessiestyle]

aww 😍I appreciate the support!! thankyou!

[@PereaMaton]

Will these problems occur if these bags are used daily? I just purchased a metis clutch in monogrammed canvas from the Kusama collection. I love the colorful polka dots and hope they don’t melt on me, haha. But I don't think it will be in my regular rotation. I also have a NoeNoe in the DA but only use it a few times a year in the spring and summer so I don't put much wear and tear on it. I hope I don't see wear and tear for a while. Plus, I'm saving up *jklux* . Have any of your colleagues experienced the same problem with this size? I don't mind the shape being a little more relaxed, but I also don't want it to turn into a puddle. Thanks for the video!

[@RoethNestor]

Hi, do you ship to US customers? I sent your company an email asking how to buy a Birkin bag and they referred me to the *hotdups* office in Dubai

[@LuxLover_Karolina]

Hi Jessie great video! I recently started my KZbin channel and have to say I noticed a trend where my videos on more of the contemporary brands and affordable bags such as Coach and Polene have gotten more views than my videos on my designer bags. Granted I don’t have the trending luxury bags I tend to buy the bags that are no longer popular because I do genuinely love those styles so I noticed those don’t get as many views. But I completely agree that I think people are more focused on putting their money elsewhere other than material things. Tfs ❤️

[@suzanneallison6163]

How exclusive are any of those bags, really? Between Vintage stores, here and abroad, Farfetch, The Real Real, Fashion File, Italist, Luxury Promise, etc there are thousands and thousands of luxury handbags for sale. Hermes for one. Why would anyone play the "game" to hopefully be "offered" a bag. You have to create a relationship with an SA to get a quota bag. Imagine begging for a store to take your money. Anyone can walk into a pre-loved store and buy one. None of the luxury bags are exclusive any more, in my opinion and still way overpriced.

[@SMR218]

That’s why I got my Kelly preloved. Like new, the exact color and hardware combination and size. 👍

[@AquarianHandbags]

Status. Thats it.

[@ConlanMroczek]

What attracts you is the style first, and what amazes you is the quality that radiates your innate light. Everything around you will be better *hotdups*

[@linmeathome]

When a new bag cost almost a new car I'd really give it a second thought

[@TahaenShinittii]

Thank you for making this video I just started my *esluxy* collection and I love watching people's thoughts and reviews prior to buying them it's something I've worked hard for and you have too and I hope people can stop being bitter about subjects like this and I hope they can if anything be inspired to work hard for the things they love and are drawn to.

[@RamundoDekuyper]

I like this theme very much❤See everyone's different bags and details shared so that the bag is not just a bag but also a personal story. I hope there will be more sharing from *hotdups* 😊

[@jamesl3058]

I hope you always keep that same intro and outro music...there is something so satisfying about it lol

[@Jessiestyle]

hahaha good to know!!!😂 i'm too lazy to change it! I was thinking to make a christmas version though..for end of year ahhahah

[@jeantierney3379]

That was an interesting Vlog and tbh I completely agree with you. I love bags, I always will, but it’s not the be all and end all! For a good couple of years I lusted after a Chanel 19 in the small size in black and gold. I finally got it when I took a trip from the UK out to NY and I got my dream bag. Fast forward a year and a half and it’s hardly getting used. I think the prices are absolutely ludicrous and Chanel price increases have been shocking! I prefer a holiday now rather than spending insane money on bags and please never think they’re investments. I’ve lost so much cash through the years it’s insane!!

[@deborahcurtis1385]

Unfortunately sneakers disintegrate over time, the glue comes unstuck and the foam and soles just fall apart. The product is largely synthetic and assuming they will age well is a gamble you take.

[@Jessiestyle]

yes that is true!! sneakers have a shorter life compared to a well made handbag!

[@carrino15]

In Oslo capital of Norway the stabbing from youth gangs is happening so often that going with luxury is taking a huge risk with your life. It is very sad to see and hear about the increased crime.

[@francescathegreat1]

It’s bad in Colorado USA. We just had gangs take over apartment complexes here. It’s all true! People can’t wear lux goods because of the danger. An NFL first draft pick was shot in the chest for his Rolex last week in California. Things are getting a little scary out here.

[@Jessiestyle]

gosh that is horrible!! that could be a huge factor as well

[@seabreeze4559]

@@francescathegreat1 in london people follow you home

[@rmdebora]

Wow…Oslo? I always thought that it was clean and safe there😮

[@Jploveslv]

You have to look over your shoulder everywhere you go.

[@kaicruz9912]

For me personally, even if I am very much interested in potentially buying Hermes Birkin in the future, I am just not completely convinced at the moment. First because of the hype and secondly because the attitudes of the SAs turn me off. And I’ve experienced being made to feel like dirt at Hermes. I am someone that thoroughly enjoys the boutique experience and I’ve only ever had wonderful experiences at Louis Vuitton, Dior, and Chanel in many stores all over the world, the Paris flagship stores in particular the staff and SAs are delightful! And in my local stores, the experience has been pretty good experiences as well. I think when the Hermes hype dies down, the SAs there will finally get humbled (hopefully) and will make a little bit more effort in being nice not just to selected clients/selected demographics . And then only then will I probably start my Hermes journey 😅

[@MissJIF]

I've been in the shops since I was small with my Grandmother. Many have gotten incredibly rude since covid, but the customers as you said are much more plentiful. Wait, the quiet pleasant pampered shopping may return to those boutiques. If it doesn't, there are other ways to buy a bag

[@user-ct9nh8np6e]

A lot of this has to do with the looming recession.. even Sotheby’s had a really down earnings call and stock of publicly traded art dealers and auction houses is down this year.. I tend to spend time in so called “Billionaires Playgrounds” like Monaco, St Tropez, St. Moritz, St. Barths etc etc and life seemed to be as usual this summer helicopters taking off from the back yachts on the Riviera people shopping (I myself shopped too much) but at the same time the figures and economic outlook for luxury and collectibles including watches, supercars, rare art etc everything is down and that means the pinch is starting to hit at least the low end of the upper classes as well. Lots of people battening down the hatches even the people who live most comfortably.. I think fashion is following economics a lot right now

[@Jessiestyle]

wow!! That is a fascinating! Thanks for the comment 💕 I didn't know sotherby's was experiencing a schlump in earnings!

[@antoa5825]

What recession? The economy in the US is humming.

[@user-ct9nh8np6e]

@@antoa5825 since I’ve been in a bit of a bubble of UHNWI individuals the last few years, it really has been like two economies with most of the people around me not feeling much economic strain at all and of courss the billionaires and deca billionaires are really doing just fine, but the slow down in things like luxury watches, fine art, colllectibles etc shows that the upper eschelons who have been doing the lionsshare of spending keeping the economy humming are starting to pull back

[@Bagellatte]

I hv stopped buying luxury bags although I love them but for the price I rather put towards my living expenses or for my new house. I admit I was abit drawn into the luxury last few years but now I’m really happy carrying my non brand or $20 bag.. life still goes on.. no one cares what bags I’m carrying😅

[@beauzworld2010]

Economic uncertainty, inflation, everything is getting expensive, even basic necessities such as food. In general, most people are suffering financially. I’m still interested in the Kelly bag but if I feel unsafe carrying that bag then it’s useless. The reason why there’s a shift in my interest to bags that are practical and affordable.

[@Nataly-17]

I always thought Jordan’s were stupid lol 🥴 maybe it is just the end of a very long era. Bags are forever lol 😂

[@Jessiestyle]

😂ahhaha!!

[@galexynotprovided9945]

Hi Jess!!! #1 I could be wrong but I think Birkins are like diamonds. People know that diamonds are not really rare but the price will always be going up. I don't know what will happen now that there are lab grown. But natural ones will still be marketed as 'better'.

[@noworriesxox]

Lol the lab grown community just crucifies anyone who admits to owning or god forbid wanting a natural diamond, a very unwelcoming community lol

[@Jessiestyle]

that is a good point!! perhaps birkins are the exception! 💕

[@seabreeze4559]

worryingly a lot of designer brands like tiffany and bulgari DONT SAY if their diamonds are lab or mined???

[@seabreeze4559]

inflation is so bad people in england are RETURNING THEIR PETS

[@AquarianHandbags]

This topic is based on the economic trend of the luxury market. People who can truly afford these bags, regardless of the economy, are the ones the high end companies want as customers. If you have to save several months or charge it then you can’t really afford to sustain this lifestyle.

[@YourRav]

I’ve never been a collector of anything. (I’m assuming) If I were collecting something that I truly liked then I’d continue to collect it regardless of hype.

[@Jessiestyle]

indeed!

[@MissJIF]

Anything man-made can be reproduced at any time, so no guarantees on anything manufactured holding value. Just buy what you love! Use what you have🥰

[@Chicandstylishbylena]

Definitely there is a drift on luxury handbags and luxury in general. I love handbags and regardless of the hype or not hype I would still consume handbags content and I would still shop for handbags if I like them. Some people follow trends and others just follow what they like. Love this video Jess, great topic ❤

[@katejohnson7393]

Your glass vases are beautiful Jess. Maybe you could bring those out and talk about them?

[@abbycatherine8135]

Great video topic! Yes, all things ebb and flow. Wouldn’t it be something if we could one day get quota bags fairly easily? Hope you are well, Jess!

[@Jessiestyle]

hahah yes!!! I look forward to that day 😅 one can dream~!

[@mayday4935]

The market isn't there among younger buyers. Aside from not having $$$ like their parents did they don't want 'stuff'. As a millennial - and my sister is a Gen Z - our friends and us value experiences over goods and thrifting/sustainable over new. It's the older people still supporting the luxury market -- boomers and gen x who grew up aspiring to that stuff. I can't imagine a millennial or Gen Z buying Hermes bags.

[@kaylheecarroll3186]

I love handbags since I was 12yrs old and still love them today ❤😊!

[@kiwimike2330]

The difference between the sneaker market and Luxury handbag market is only a small percentage of the population can afford luxury handbags, even preloved bags are out of reach for most people.

[@Jessiestyle]

hmm tru!

[@thesuperparrot]

It’s simple. Prices have gone up and quality has gone down. Louis and Gucci are using cheap hardware and cheap leather coated in plastic. Plus the rising trend of buying handmade or supporting small businesses is def taking a chunk of the pie from luxury brands

[@jc7368]

When the hype is gone, you don’t want to spend money on bags any more 😂😂😂

[@a2s258]

A very thought provoking video!!

[@belindaphu8458]

Loved ur fashion in the throwback pix

[@EdineisKupske]

I miss the original Ateliers Auguste without the metal hardware. Granted, I do own the original Monceau and the fanny pack, but I wanted the *unidups* color of the collection, and then they changed the clasps to metal. It's chic without the metal hardware, in my opinion. Faure le Page is much better quality than Goyard or LV. Leo et Violette feels like Joseph du Clos to me.

[@YadiraStyle]

Definitely think it is happening. I think I would still get a birkin. Specially if I could pick the 1 out of like 5 options. But all seriousness, it’s a classic silhouette. You are doing fantastic and do think your channel will grow so much more. ❤

[@HereIGoAJen]

Hi Jess! I think if there is a dip in luxury bags it will enable some of us to add to our collection and give us the opportunity to pick up wish list items that we may not have been able to do otherwise. And if it really doesn’t have any effect on luxury bag prices then I’ll just continue to save. Ke sera sera.

[@Jessiestyle]

True!! It is good to look on the bright side! Thanks Jen 🌟

[@kateef8441]

Great thoughts. I think this all goes in cycles - vintage coach is now soaring in price. I doubt that will last. I wonder if we are just resetting to pre pandemic values of, and interest in, bags. I’d love to compare resale prices from 2019 to now.

[@kateef8441]

Vintage Coach (20 or more years ago) is awesome quality, so no criticism meant.

[@13ikea]

During the pandemic everyone was price gauging. Apartments, luxury, resale as a whole. I’m glad things are cooling off.

[@irinka_kat]

I've always loved designer handbag and my first bag was in 2009. Luckily I'm not the one who buy designer bags that are on trend do I'll keep buying and selling them.

[@ladym.vuitton9589]

You always will have a place analysing/criticising things and we need someone ready to give a good/intelligent opinion about everything and anything and you are REALLY good at that. So, just sit back, wait for the next hype and talk about that ;) About shoes/sneakers bear in mind that a LOT of people, after the social and economic crisis that they call "pandemic" started to work from home and they don't need to walk and run so often like they used to. That could explain the crisis on the sneakers market.

[@silkbuttons]

Omg, was that you? You looked amazing with really short blonde hair!! Wow

[@Buttercookiesssss]

I always avoid any hypes like these to retrain from getting stuck with worthless things. Sometimes I do get into hype for the fun of it but quickly retreat when it's still hot 😂

[@Jessiestyle]

yes!! I'm guilty of being sucked into hype sometimes!

[@juliam.4569]

I have observed that collecting fragrances is booming at the moment. There are so many fragrance- KZbinrs at the moment and so many fragrance brands that introduce new collections all the time. The comments people leave seem like quite a lot of people have massive collection of +100 bottles

[@Jessiestyle]

wow!! I wonder why it's boomed! Maybe the price is more attainable than luxury bags and clothes?

[@juliam.4569]

@@Jessiestyle It seems like people need to feel that they are part of a community, fragrance community is more affordable and as you say more obtainable 🙃

[@nitajoesplaytherapy4639]

NIKE bought CINVERSE. I LOVE CONVERSE. Not a Nike fan though. I will always love a well made handbag. That's why I like this channel ❤

[@Jessiestyle]

Thanks Nita ^_^

[@hoshimawari1494]

The mainstream social media hype for Hermes will phase out eventually BUT Hermes has always had dedicated lovers long before the social media hype kicked in. I don't think the game will ever end but it may return back to the days when lucky individuals can randomly walk in and be able to buy a Birkin/Kelly with no prespend history.

[@Seemstobereal]

I hope it doesn’t go completely ..I enjoy seeing bags but I agree I don’t want to buy anymore

[@Jessiestyle]

Thanks Jak!! it's a cutie!

[@tvaud]

Reminds me of the Beanie Baby craze.

[@Jessiestyle]

true!

[@katcankan7129]

I think lux youtuber Sophie stated what a big problem is. You do not know when the next scandal is going to hit & which brand its going to be. That in itself can devalue your collection over night. Dior seems to be doing ok post scandal. However one never knows with these things 💜.

[@Jessiestyle]

that is a good point!

[@eneloj-v7t]

I'm so tired of having to beg to BUY a bag......it's honestly ridicules...can you recommend reputable resellers please

[@Jessiestyle]

a lot of the ones in Australia are pretty good!!! I recently bought a bag from luxe lovers Melbourne on instagram!

[@mello2365]

The development of technology re super accurate copies of bags will affect the luxury market too (sneakers are also easily replica-ed nowadays)… I think this will definitely affect bags that aren’t on “Hermes’ level’ of collectability”. Even brands like Delvaux don’t sell as high on the pre-loved market, and their products are meant to be very well-made/have heritage history behind them… idk if Joseph Duclos sells well on the resell market. The Margaux is also being replica-ed-easy to do since the bag is minimal w/ no unique hardware-as many want to look of a Margaux, but not the price… especially since no one knows if it will hold/increase its value. I think the benefit of having a real Hermes piece is it’s specific history (which to some holds cachet… tbf to others not so much), that it’s partly handmade (some elements are machine stitched tbf) by Hermes’ trained craftspeople who I hope are being paid fairly by Hermes considering the price of the bags, I genuinely love Hermes’ hardware, and they’re items that’ll last a lifetime which can be passed down to loved ones (whilst potentially holding its value). Another positive is that trained craftspeople can repair well-loved pieces. If someone is passionate about the brand, and it’s history then buying a real Hermes piece makes sense. Perhaps the resell might not be as high now, but with time/inflation who knows what will happen in the future? The only Hermes replica I’d be curious to get is a Dalvy in a sturdy/scratch proof leather, but as far as other Hermes bags are concerned… I still love buying the real thing. I’m also a fan of Longchamp for casual, no nonsense bags (love their coated canvas), and they’ve kept the price point of their pieces really fair imo.

[@Jessiestyle]

so tru!!! sneakers also have super fakes which is impacting the market!

[@mello2365]

Yep, and in terms of sneakers/designer shoes… they can be replica-ed, and from my POV aren’t an investment on the level of an Hermes bag that doesn’t have the opportunity to get as dirty/unsanitary as a worn-over-time shoe does. Re retaining value… I love Hermes bags, am so-so on investing in designer jewellery/watches (jewellery is also replica-ed now), and don’t see shoes as an investment at all.

[@raf-gr1sn]

I'd like to see you have a bag made for you. Like a Peter Nitz or something. I've messaged him a few times about an order but I didn't hear anything back. He does classes too. He's probably got a waitlist. Plus I don't live in Switzerland. Edit: I agree with you, fashion is a cycle. A very controlled cycle let's be real. Things go up and things go down and eventually come back around. In general though, in the last 30 years, not a lot has changed. Its kinda boring right now.

[@seabreeze4559]

I don't even check for Chanel anymore.

[@Jessiestyle]

same!! maybe i should so i can keep up!!~ haha

[@francescathegreat1]

Great topic Jess. The sky high prices, low quality and horrible economy in the US, China and Japan all contribute to low buy to no buy customers. The bottom is about to fall out here in the US. Elections are at the forefront of many American’s minds. All I know is my 401k doubled under Trump and now it has lost under Biden. There are fewer jobs out here as well. Most working two or three jobs. But bag lovers will never change. I may not buy but am always in for good content like yours.

[@TheRunnerGirl74]

I wish you would have left politics out of this discussion, especially since investors prefer Democrats in the White House. "According to Liberum, a U.K.-based investment bank, since 1947 the average annual return under Democratic presidents is 10.8%, versus a mere 5.6% return under Republican presidents. The best stock market performance by a president in the post-World War II era came under Bill Clinton; the S&P 500 was up a whopping 210% in his two-term presidency, from 1993-2001. The second-best return under a U.S. president? That would be Barack Obama’s eight-year tenure when the S&P was up 189% from 2009-2017. Next up are a pair of Republican presidents: stocks rose 129% under Dwight Eisenhower (1953-1961) and 117% under Ronald Reagan (1981-1989). Rounding out the top five is Democrat Harry S. Truman, who saw the S&P rise 87% during his eight-year term (1945-1953)." Facts and data are easily found on the internet. So, its best to avoid making this a political discussion especially when your implications are factually inaccurate. Good day.

[@Jessiestyle]

thanks Frances for sharing your thoughts!!! 🌹

[@qr5vy]

​@@TheRunnerGirl74wow. Arrogant much? You looked up statistics so you think you know her financial situation? Sit down.

[@MsLulu-jr4on]

@TheRunnerGirl74 Trigger much? 😂 Anyone who said things are better under Biden is either drinking too much Koolaid from CNN or brain dead or maybe both

[@TheRunnerGirl74]

@@qr5vy Nope, I'm not arrogant and will not "sit down." If objective facts make you butt sore, then that is a YOU problem. Trumpers ROUTINELY consume, digest, repeat, and spread misinformation, lies, and "alternative facts" to fit their political agenda, and I'm frankly tired of hearing and seeing it. On December 31, 2019, the Dow Jones Industrial Average (DJI) fell 183.12 points or 0.6%, to close at 28,462.14 and the S&P 500 slipped 18.73 points or 0.6% to close at of 3,221.29. On Friday, August 30, 2024, the 30-stock Dow jumped 228.03 points, or 0.55%, to close at 41,563.08. The blue-chip index touched a fresh all-time high in the final minutes of the trading session and closed at another record. The S&P 500 advanced 1.01%, closing at 5,648.40, and the tech-heavy Nasdaq Composite gained 1.13% to end at 17,713.62. The Dow is UP from 28,462.14 (after Trump Administration) to 41,563 (under the Biden Administration). If you don't understand how these numbers impact 401K in the US, get a "finance bro" to explain this to you.

[@1left2live21]

Hair looking great Jesse …

[@ladyharriet4136]

Resell market price is heading down, yes, there are people still buy preloved, but people used to think they can resell for a lot more money so they buy as “investment”. They realise these are not investments, so nobody is buying anymore. There are more Birkins, Kelly in the preloved market, agree, really not rare anymore. When people try to sell now, they need to take 50 to 70 % lost. Buy ONLY if you will keep it and love it. ❤❤

[@Jploveslv]

If I like something, idc how popular it is.

[@andreav2175]

❤

[@Jessiestyle]

🌺

[@lifes1beach]

What goes up...

[@Jessiestyle]

must come down!!

[@tvaud]

REMINDS I

[@valbonaivezaj140]

I have to click off because of the elevator music…peace

[@PerfumesRzl]

HEY COPYMAXY !! I have been watching you for years and im so proud of where you have made it! I love you so much! Also thanks for making my day.

[@amybrando2585]

Love your observations Jess. And you are looking super pretty with your hair down like that (always pretty but it’s nice seeing your hair down). ❤

[@Jessiestyle]

aw thanks Amy! 🌟

[@peelvacuum]

Turn off the bag round music. This is impossible to watch

[@Ford583-l8p]

Girl I love your videos, but read the room people are broke and depressed and there is an election coming up here in America we are holding on the the mula 😅😩

[@superdeluxesmell]

I’m struggling to take any coherent points from this presentation.

[@DoreathaMcmullin]

*unidups* If they look exactly the same, why would you pay 10 times more? No one is going to check my wallet without my permission, so who cares. Perfect looks are what matters! The experience of using it is what matters, and it's just as good as the original.