Luxury handbags are experiencing a booming secondhand market . But counterfeits have infiltrated the economy, and they have gotten more sophisticated recently. These are the most commonly knocked-off styles to look out for, and some easy tells.
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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Luxury handbags are among the most expensive items one can buy — not considering things like yachts, mansions, and private islands — with the prices of exclusive purses from Hermès or Chanel climbing into the six figures. The secondhand market has become an increasingly important part of the luxury market, rising to $50 billion last year, according to Bain & Company .
With a limited supply of the most in-demand bags, some are turning to resale to avoid yearslong waitlists. At the same time, aspirational customers are taking advantage of better prices as a gateway to luxury. This story is available exclusively to Business Insider subscribers.
Become an Insider and start reading now. Have an account? Log in . But there are dangers to buying on the secondhand market:.