Graduation Year

Spring 2014

Document Type

Campus Only Senior Thesis

Department

Economics

Reader 1

Sean Flynn

Reader 2

Roberto Pedace

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2014 Aileen Le

Abstract

This thesis investigates whether luxury handbags in secondary markets make for viable invesments. Reasoning for the investment potential of designer handbags is primarily based on the excessive retail price increases of luxury goods. Prices of handbags were collected from FashionPhile, a source that provides product authentication. The analysis attempts to understand characteristics of the FashionPhile market and how prices changed from April 28, 2006 to March 2, 2011. This thesis identifies which brands and models of handbags had the highest returns and which brands have the highest resale potential. Insight into when the highest and lowest market prices for handbags occurred for each brand is also included.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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