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The currency in your closet: why second-hand bags are a valuable investment

With fast fashion now a dirty word, the pre-owned market is booming. From playing the handbag stock exchange to securing a vintage bargain, Bairbre Power looks at how upmarket retailers have embraced circular fashion

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Circular fashion is now in vogue

Circular fashion is now in vogue

Anna Wintour

Anna Wintour

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Circular fashion is now in vogue

"How much? It cost how much?" I'm sure I'm not alone when I say I used to hide my retail purchases down the back of the couch, only to unveil later as "this old thing".

Nothing ostentatious or outrageous, mind, but yes, there were lots of emotional buys along the way. My favourites in recent years were the three handbags that came home with me from the John Rocha retirement sale. When my favourite designer was retiring, I wasn't looking at an 'investment value' down the road: I was buying purely on emotion, fuelled by a sadness that I wouldn't be able to buy him again.

But of course I was able to buy John Rocha pieces in pre-loved stores for a number of years. Sadly, that supply has effectively dried up and his pieces are as rare as hen's teeth, so fans like myself have moved their affections over to his daughter, Simone - a happy segue.


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