The selling is because people have lost interest in luxury bags alongside the steep decline in quality and style. We’re living in times where there are very real problems going on and no one wants to hear the words “luxury collection”, “luxury journey” etc.

@juliam.4569

19 күн бұрын

Good point👍

@katemiller7874

19 күн бұрын

The world has always had real problems. This is t the first time.

@Negitoro14

19 күн бұрын

No longer buying $3500 bag or $2500 mini clutch 😂

@Indiana_Girl757

19 күн бұрын

I still want a Chanel coco handle and Deauville tote. But it has to have pearls.

@ceciliaexp

19 күн бұрын

@@Indiana_Girl757 I did try that bag with pearls at the store like 4 years ago. The light ivory/white one. It was lovely.

I’m 70, debt and mortgage free. But… I’m now a widow and wish I had a husband to travel & make memories. Work hard and pursue your dreams. We are not promised tomorrow. I like “shopping “ through you. You put legs to my shopping adventures that I don’t have access to. I just love you and who you are. ❤️ Carpe Diem!

@LifeExplanatory

19 күн бұрын

So heartwarming ❤ With love 💕

@FrohlingMonteros

4 күн бұрын

*suluxs* Literally the happiest place we girls are

During the pandemic we had nothing to do but buy luxury bags and accessories. Then the designers got wind of that and started to raise prices on their most coveted bags and we couldn’t even get our hands on some of them. Now that life is a bit normal we prefer to be out and travel and experience memories. Inflation is at an all time high. We need money to eat, pay mortgages, rent, utilities and gas for our vehicles. The luxury houses robbed us with their bad quality of bags. It’s a toxic cycle that is now time to break!! Thanks for this video Sophie🫶🏽

It is also part of getting older and more mature. There is a reason why retailers focus on marketing to 35 and under.

@FrohlingMonteros

4 күн бұрын

New friend here sending may full support. *suluxs*

You’re right luxury fashion is fast fashion now we are bombarded with new collections every 3 months !

@ibergriehn

7 күн бұрын

Beautiful color and perfect size *hotdups* .

@TobiasonTidd

4 күн бұрын

I love the design, but I don't have the budget. So I bought the*preluxscom* bag. Made from high quality legal snakeskin made by local Indonesian artists. From now on I never want to buy any luxury goods.

Not really about bags, but I actually really enjoy your videos where you are just showing us a slice of your life. Taking a walk, taking the car in, baking something, playing with Jessie. I find that content both relaxing and fun.

@SophieShohetOfficial

19 күн бұрын

That’s so nice to know Wendy, they’re actually my favourite to make! Hugs xx🥰

@jetbaby2t

13 күн бұрын

Agreed!

@treatstreats7149

12 күн бұрын

I loved the rabbits and walks!

@treatstreats7149

12 күн бұрын

I like the car rides as well and events!

I didn't purchase the luxury bags to be a part of a "collection" but to use them daily, so I have no reason to sell.

I have also slowed down on luxary shopping these past few months. I’ve slowed down because it doesn’t really make me happy anymore. I’ve been buying luxary for 12 years now and happy with my collection. Im so glad I purchased these items years ago because these prices now 🥴

@SophieShohetOfficial

19 күн бұрын

I so agree, and I’m glad that I bought when I did years ago!!xx

Retiring at 45? Wow now that is a luxury 😂

@SophieShohetOfficial

19 күн бұрын

We hope 🤣xx

@michellea1748

19 күн бұрын

My father retired at 51.

@airameel

19 күн бұрын

I said to myself when I was in my 30’s that I want to retire @45 but instead I retired @ 48. I’m 56 now and I really enjoying the freedom of my day. Love being home and I stayed busy around the house. Just loving being a housewife, with no worries because I don’t have any debt and just focusing on being healthy for my family.

@PaulaOx

15 күн бұрын

My plan is to retire by 30

@susiem.2068

11 күн бұрын

​@@PaulaOx Go Paula ! 👏😄🙌

I suddenly lost interest in my luxury handbags and jewelry collection after having my first child. I still kept a few classic pieces for formal occasions, but it's unlikely I will buy any new pieces. As a new mom, I'm only carrying huge canvas tote bags, or practical backpacks.

@Eva-hj5zt

10 күн бұрын

I thought I was the only one! almost commented exactly this but you already said whats in my head😅

I think what has made a big stir in the luxury bag community is Niki Sky getting rid of her entire collection

Using the bag money and pay off the mortgage is pretty wise. The price hike etc smells of greed which is a big turn off.

@SophieShohetOfficial

19 күн бұрын

I agree!x🥰🩷

@Born1986

15 күн бұрын

I feel this so hard with Chanel. Even Hermes had a large Price Increase this year.

@susiem.2068

11 күн бұрын

​@@Born1986Yes. The difference with Hermès is that you can convince yourself that it's truly because of inflation, not unabashed greed like Chanel.

Could it just be finances???

@leebeaute

19 күн бұрын

Or the reality of compound interest from the $$$ on the sale of their luxury bag collection.

@SophieShohetOfficial

19 күн бұрын

Maybe!!xx

@ibergriehn

7 күн бұрын

The packaging is very careful and the details are in place *hotdups* .

I do believe most people that are selling are precisely cause your taste in certain things has changed and if are not gonna use it we should sell them to someone that is going to enjoy them! I truly believe in that! I however have 3 Luxury items that I keep going back and forth with selling them or not, because again I’m not using them and that money can go to my daughters account so that she can be debt free (or at least help her in the future). I do love that people also stopped purchasing out of FOMO or hype 🙏🏼🙏🏼

100% agree re purchasing previously loved. Older items are much better quality and look amazing

I think it is personal. Social media does not represent most people, it is a very small segment of society. Most of the people I watch on social media are not selling their wardrobe. From what I have seen the everyday person who can afford bags between 2k and 10K are not selling them. When they do it is because it no longer fits into their lifestyle. Getting married and starting a family changes your priorities and your extra cash. KZreadrs and Instagrams for the most part do not fit into this model.

@SophieShohetOfficial

19 күн бұрын

You make many great points!!xx🥰🩷

@indoora

7 күн бұрын

@@ibergriehn Remove this comment is has a lint to fake bags. If you do not, I will report you to KZread. You have 30 min from now.

I’m selling some of my bags because I’m not using them. Some of them (Prada) are too heavy now to carry regularly. I’m 76 and using lighter (Longchamp) bags. Over time, things change! I use The Real Real.

I go through my wardrobe every six months and get rid of anything that either doesn't fit or I don't like anymore. I usually sell my items as they're mostly designer, otherwise it goes to charity shop. I've been doing this for years as I don't want to end up with too much stuff like those people from "Sort out your life" program. 😂

@SummeRain783

19 күн бұрын

I am the exact same. At least once a year though or as soon as I decide something isn’t bringing me joy. Most of my stuff is designer also so pretty easy to sell. Also a lot of the things I have are functional and I wear for a purpose. Like I don’t see the point in having two brown day bags so I will sell one I might not like as much to get a different replacement for the same purpose and colour that I like better. Having less stuff is so much better

Sophie, I like watching your chitchat more than your shopping culture videos - especially the ghost stories! 😂

@SophieShohetOfficial

19 күн бұрын

I’m so glad Clara! Thank you for letting me know 🥰🙏🩷xx

@birteoldhaber513

19 күн бұрын

I love Sophies ghoststories too.But unfortunately there aren't that many.

Your reasons are very valid, traveling and making memories with your family is way fun. I still have helicopter tour ride and scuba diving on my bucket list. I would love to go travel instead put these handbags on a credit card that it just sit there on the shelf. I hope that the economy will get better soon so I can save more and purchase a home and go travel take a vacation. Can you imagine how many places can you go with all these handbags you bought? I have been watching Tanner Leatherstein , he opened my eyes about the professional facts about the handbags & he analyze type of leather and it cost maximum $150 to make the $7,000 purse. I don't feel appeal to the handbags anymore, I used to love them I dream about them everyday. I would love to be able to travel the world and experience cool things I've done before.

@leebeaute

19 күн бұрын

I’m vibing the same!! Travels & memories is my #1 ! Go on that helicopter ride, it got my blood racing!! 😄

@SophieShohetOfficial

19 күн бұрын

Dear Jade, thank you so much for taking the time to share your thoughts! Yes I think Tanner is great too, he really lifts the lid on luxury xx🥰🥰🩷🩷

@Born1986

15 күн бұрын

I also love what Tanner is doing, but I do think he doesn’t give enough credit to the additional costs of these items like the design, marketing, and sales.

I’m a small youtuber but I’m not selling anything. Ever! 😂 It took me a long time to get my collection of classic bags and each one was bought deliberately and not impulsively. So I use & enjoy all of them. I guess it may have something to do with the reason why you bought anything in the first place. If it’s because it was a trend or you felt you have to have it because ‘everyone’ has it and not because you yourself want it, you might get bored with it after a while. I don’t know why YTs seem to sell a lot lately, just guessing. Great topic Sophie.

@roseross7465

19 күн бұрын

Are you from Slovenia?? I just subscribed..

@VeronikaZajdela

19 күн бұрын

@@roseross7465yes 😉 Thank you! 🤗

@SophieShohetOfficial

19 күн бұрын

Great points Veronika! I think for me, it’s the bags I’m not using that are the thing. Selling those ones seems to make sense for me 🥰xx

@ceciliaexp

19 күн бұрын

@@roseross7465same, just subscribed 😊

@VeronikaZajdela

19 күн бұрын

@@SophieShohetOfficial absolutely makes sense. No point having things collecting dust on the shelves.

I retired at 38. Currently 46. 😁 Good luck! It’s the best!

@SophieShohetOfficial

19 күн бұрын

That is awesome!xx

Yes Sophie…I totally get it. I too have sold a few bags just to buy something else as I am fine tuning my bag collection down to 40-45 bags that I love and will use on repeat. I semi retired at 50 so you can reach your goal. I think people have realized they were over consuming and are now tired of it. The pandemic had us stuck in the house so we escalated our buying but now we have too much stuff. I have been purging for 6 months now and I am still not done. We just have too much stuff…who needs all this stuff? I am also offended that some of these lux houses take me for a fool. Especially Chanel. I am about to sell my last couple of pieces from them because I find them the worst of them all. The greed along with their poor quality has turned me off their brand completely. Just my two cents!

@Born1986

15 күн бұрын

Seriously! I had a small Chanel collection to begin with that I had acquired between 2019-2022, but have since stopped and started selling when my Chanel 22 (second season release in the infamous caramel brown color) started showing the slightest wear after 4 hrs of use. Sitting in the passenger seat, or on my shoulder, hardly opened. Chanel called it regular wear and tear. Well I didn’t want to see what that wear would look like in a decade so I sold it at a loss. Everything just looks cheap. I finally had rhinestones fall out of three pieces of costume jewelry so I’m done with that as well. They make us aspirational purchasers feel like chumps, because the price tag is high while the quality is low.

Great video 10 years ago I spent lots of money on designer stuff. I’m 45 and no more expensive stuff I’m traveling for the past 4 years and I’m loving it.. I’m in a different state of my life.. I appreciate little things..

You could become a very stylish travel vlogger 🎉🎉❤ , take us to all the hippest and chicest places 🙏🙏 I've become obsessed with South America recently, Santiago looks AMAZING 😍 Good luck on whatever you turn your hand to next xxx

I have 37 bags and I feel full! I cannot even imagine owning many more at this point. I’m not planning to sell anything , but the pursue of finding a new bag is less and less interesting to me. It needs to be super special and still, I don’t want to duplicate anything. So I feel for people with big collection, it becomes natural to slow down. I feel the same way with watches and jewelry. I’ve got what I really wanted , so to me, there’s no point to keep buying as much as before. I don’t think I will ever 100% stop but I’m absolutely ready to pace myself at this point. It’s way less exciting than it was before and the crazy prices are also quite a big part of it.

Yep sold bags that I did love but seems to duplicate what I already have (different color) or I really don't use anymore. Thanks for sharing and happy Wednesday everyone 😊.

@SophieShohetOfficial

19 күн бұрын

Thank you so much for sharing Nicole! Your reasons are basically the same as mine! Xx🩷🩷

In a way , you are after your freedom , go for it!😊

I love watching your videos with David visiting Harrods, other stores or traveling! 🥰

@SophieShohetOfficial

19 күн бұрын

Thank you lovely Natalia for this feedback! It is so appreciated 🙏 I shall make some more vlogs soon 🥰xx

I think your plan sounds really sensible, Sophie. I listened to a podcast the other day that said “just because you like it doesn’t mean you have to own it” and it’s a good lesson but something that comes over time. We’re all guilty of it 😅 x

The big price increase makes it much harder for me to use my older expensive bags as some of them now are 5-10k. So first time I have also seriously thinking to sell as I can’t use all of them like you and they are worth a lot money !

I think these things are cyclical. I first got into collecting bags in the early Noughts, which was a time of great excess. It was a trend to take photos of your bag collection on your stairs, that’s how many bags people had. Then there was the trend of minimalism around 2010, no logos, sound familiar? I remember shunning anything that had a monogram or logo on it. Lo and behold, logomania and maximalism came back with a vengeance in the late 2010s. Now we are in 2024 and repeating that cycle. Also, to anyone who can’t retire early, don’t be sad. Everyone’s life cycle is different. I took 10+ years off in my 30s to be a SAHM and am just returning to work. I expect to work past 65 if health allows. And that’s okay because I cherished my time being at home with my child and getting to witness all the little milestones.

It does feel like everyone is selling, ❤

@leebeaute

19 күн бұрын

Definitely keep the classic pieces, I see trends come & go in my 50yrs. Classic never dies.

I think it's normal for people's priorities to change now and then, I'd say it's healthy. Also, Minimalism was big 10 to 12 years ago, and it's circling back around. All the best with retiring at 45, driven as you are, you might just make it!

People should be free to buy what they want if they want to. But honestly, and like you said it feels like luxury is similar to fast fashion, and I can't help to feel some people hide their shopping addiction by saying they are "collector"...

After you have sold the luxury bags/goods, I would love to find out if you made a profit/loss selling luxury goods - from investment perspective. That would make for an interesting video.

I'll be 45 next month and I doubt I'll ever be able to retire.

@duchessedeberne3909

19 күн бұрын

Same. I asked for 55 instead of 65. and they told me you need at least half a million in the bank 💀 My much older husband will be in heaven, when I‘m retored and we will not enjoy a retirement together 🥲

@tamikajeanmarie

19 күн бұрын

Ditto

@SophieShohetOfficial

19 күн бұрын

I hear you, it’s a pretty big dream! 😭xx

@duchessedeberne3909

19 күн бұрын

@@SophieShohetOfficial I hope you can achieve it Sophie 🤍

Great video, Sophie. Very authentic, no pretentions & you are just so natural.

In my humble opinion, "luxury journey" is not realistic, most of us, can't related. I invested my hard earned money on property, and financial very comfortably, and only buy the bags that made my heart sing, I owned quit a few brand bags, I buy them because I love them and used them, not for follow the trend, "unboxing" than return them, or even resell. I still have my very 1st LV Alma MM I got 25+ yrs ago, she still sitting pretty in my shelf. I got to say, it's very interesting topic and the actual real reason behind it.🧡🧡btw, your green Chanel made me drool 💚💚

@leebeaute

19 күн бұрын

OMG! I still have my luxury bags from 30yrs ago too! Luxury then & now is very different, they were actually value for money, an investment!

I also think it's also because we're in a recession: Luxury YTers are getting less advertisers, have a higher cost of living and are guilty of lifestyle creep. Getting rid of the Birkens/Chanels they never wear is a great way to free up some cash.

At the end of our lives, those experiences with our loved ones, those are what we will remember. Trust me, a handbag will go bad just like anything else (although luxury should last much longer). At about 30, you start thinking long-term (retirement, legacies, etc). Also, in today's financial climate, luxury will make you a target for thieves even more than in the past because theft is on the rise. I think, at least here in the southern states of the US, contemporary brands like Coach and Kate Spade are much more popular because of their quality at a much lower price. If a LOT of people buy the lower end brands because of affordability, then you will have a much lower chance of being robbed for the handbag you carry. If everyone can afford something, thieves don't make money on stealing it from you. Also, if your handbag is stolen, then you don't lose as much money.

@SophieShohetOfficial

19 күн бұрын

SUCH good points! I agree with Coach and KS too, great quality and not ridiculous prices. Thank you for sharing!!xx

I hope that we go back to the idea of buying quality items, things that are classic and worthwhile, running after all these trends is a waste of time. I have 2 books from the 80s called Simple Chic, clothes that are basic to our lives.recognizing value and spending less. When I see these books it amazes me that things haven’t changed. There is one for men and one for ladies,

This is a time to be discreet and to not flaunt money with the more expensive luxury bags.

I think people are realizing there are more things to life than spending all their money purses and clothes.

i love your business and money videos!!

Once you're able to see them, touch them, own them, buy whatever you want, consuming a lot of it, and you've been doing it for awhile, any experience of excitement you used to get will no longer be new to you. At some point you'll be able to see each luxury item objectively and not be clouded by the price tag, name brand, fomo, material, quality, or hype. Add to that people only get older and priority changes to adapt to a new life that's constantly changing. If and when you feel a burnout, that's when things need to change. Different people feel the burnout at different time and some people may never feel any burnout at all so there's no need for them to make any change.

@SophieShohetOfficial

19 күн бұрын

You make many great points!!xx🩷🥰

Hello Sophie. I love your day flogs. I just like watching someone from my home country who has many of the ideals as I have. I enjoy your time in my old City. It's so nice to see you & David interact with each other. Shopping for me is just a bonus. Hubby likes watching you too. His ears prick up when hears your voice 😊. Thank you for keeping us old folks entertained 😅 Jane in New Zealand 🇬🇧🇳🇿

Your money and business videos are my fave! Would love to hear some tactical steps on how you’re making your retirement plan happen ❤

thats a very honest video and thanks for sharing. I totally agree with everything you say, and I had that realisation just the other day when i HAD to by the Celine Belt bag, before it was discontinued. Even though it is a nightmare to open, I did not need it, and now I have it and the adrenaline chase is over - I wish I had not done it. I will be following your path for sure

In regards to your shopping videos doing well, yours are the only ones I watch because it’s almost like window shopping which to me is sooo much more fun than hauls. I also like when you show what you’ve purchased but really, it’s seeing all the pretty things in stores that makes me happy, not owning them. The shopping is always the best bit and I regret a lot of my purchases so I don’t buy much anymore. I can imagine that the more something costs, the more dopamine it gives you and maybe the more of a disappointment you feel afterwards when it comes down? Maybe part of why people sell?

Economy is gonna crash! PS: OMG love love love your top.

One blogger said a lot of people changed their priorities in life after that lockdown we had, people reevaluated their journey…

I think social media does encourage unnecessary spending. I used to watch a lot of luxury unboxing and thought it was so nice to see how excited people were with their new purchase. But it’s become so excessive that I lost interest in luxury. I still love watching it occasionally and I still have a few things I want to add to my collection but once I get them I will be very content and probably won’t buy luxury items 😊 I really agree with everything you said. Also as I get older I really do value experience over material things.

I love it when you do videos on your daily routines, business, money, motivation etc!! Girl please don't stop D: I enjoy them a lot more hehe.

Sophie, I came to your videos years ago and you captivated my attention beyond my interest in the world of luxury, I like to listen to you because of your accent, your intelligence and how you show the B side of the luxury industry, I don't have that much passion for cars but I love hearing you speak with so much knowledge and passion about them too. I feel that some people have learned something since COVID. We understand that life is limited, time is counted and that we must enjoy it. What's the point of working 7 days a week, having dozens of bags in a closet that you can't use because you don't have free time to leave the house because you're working? Why not enjoy that day off with your friends or partner, repeating bag that is not so terrible either. Somehow, and due to the economic crisis, we have woken up and understood that we no longer want to buy everything we see, we are not so stupid to get carried away by the ridiculous prices of material things that will be very beautiful and the symbol of something achieved but nothing Better than living life, creating dreams and memories that no one and nothing can erase.

Sometimes you just have enough stuff. And it becomes time to declutter. Then find more to buy! lol. Circle of life I say. I have most everything I want for handbags.

I agree there is a slow down. Probably from multiple factors: rising prices, less quality, more travel opportunities, anxiety re upcoming recession.

Ive always sold a bag every now and again over many years. As Ive got older, wiser ive become more choice with my purchases. So i have just 6 H bags, 2 CC bags, and 4 Dior bags. Thats it and i feel good ❤❤❤

We need videos like these Sophie. You know I have only recently realised that (trigger alert for some) that I enjoy high street classic sometimes/cool sometimes/girly sometimes clothes a lot more than high end handbags. It was initially all about the brands but now it’s more about my style and how I want to express myself. I never bought more than 1-2 bags a year earlier and now it’s showing down further because I now understand myself better and what sparks true joy in me. Thank you for this video and your honesty. I feel some of us are stuck in the rut and hustle of working hard and partying to shopping harder. So some of us work hard only to be able to do the latter. Spirituality (the right kind) and healing and coaching has helped me re-evaluate what I TRULY WANT and not what social media wants me to want. Love, Sia (Life Coach, Hormone Health Coach, Spiritual Coach, Energy Healer & Teacher, Tarot Card Reader & Teacher, Switch Word & Energy Circles Practitioner, Drawing & Handwriting Analyst, Feeding Thy Soul Blog)

Totally agree with you Sophie. Sell what you’re not interested in & enjoy every minute of your life. M y favourite videos you do, are when you show alternatives to make us dress richer using more affordable purchases x❤ love Eileen x

@SophieShohetOfficial

19 күн бұрын

Dear Eileen, I hope you’re well!! Yes you know, I think anything I’ve not reached for needs to go! Hugs xx🥰🩷

@Eileen3007

19 күн бұрын

@@SophieShohetOfficial I’m good thank you Sophie. ❤️💋

I love preloved for precisely the reason you mention that you are less worried about using it. Im about to retire early and am very aware that every purchase really will have to be thought about. I have been moving to that gradually over the last two years and experimenting with other brands like Le Tanneur. Having said that Im currently lusting over the new Dior Book Tote in Leather and a preloved jumbo single flap Chanel so it’s definitely a work in progress!

I am in the same situation, for me, I’m in my 40’s and don’t feel like I need a huge designer bag / shoe collection. I just think that as we get older, our priorities change and making memories, traveling, and experiences become more important than material things. It’s interesting that I have just started feeling this way and thinking about what I’m going to sell.

I agree totally..invest the money in memories. I have so few bags now and want to keep everything limited

I really like watching you and David out and about shopping eating or traveling!

I bet they came to realisation that all of these are just superficial..and the banker is not happy 😂

@ShelleB

19 күн бұрын

I’m 63 years old and when I was younger, I took great pleasure in shopping. It didn’t take me long to realize that after the money was spent and I got the merchandise home, I felt empty. I have a closet full of designer purses and, while I am not selling any of them, I am not buying any new ones either. The quality has decreased while the prices have escalated. As I’v matured, I have learned that self-worth comes from within and not from carrying a fancy bag, proclaiming to the world that you have enough money to buy it and that you’re ‘somebody’. This is just my opinion and people are free to spend their money any way they like. For me, I’d rather have money in the bank than another unused purse sitting on my closet shelf.

Put an Apple tag in the bag in a box so that u can track the exact journey and warn the buyer so that they are aware. Film How u do it and seal the box with a special tape.

Hi Sophie, it's me Ivy. I love this topic! I have actually been selling some of my designer collection a few years back. My reason why i sold my first 2 bags was because I did not like the style very much and it paved the way to buy me a new bag which then became a continuous cycle. I would buy a bag and after a year or 2, i sell it. I don't know but i easily get tired of using the same bag lol so instead of keeping it tucked away in my closet, i just sell it and buy new a one🤭

Yes once you pay off your mortgage it is liberating! We paid our off at 50! Plus I was in high pressured advertising sales which paid well but was a lot of stress…so I know exactly where you are.

Could you do more videos on your home life and cars? I really love your Holiday videos where you bake and go for walks. In fact I will watch one right now!

That's crazy bc I watch all of your career/money advice videos.

@mpho1695

19 күн бұрын

I was surprised she said people don't watch those videos because they're actually my favorites.

@SophieShohetOfficial

19 күн бұрын

Thank you both for watching them! 🙏🙏🙏 yes, they do terrible 😭xx🩷🩷

@veliAnne

19 күн бұрын

Totally agree. I'd love to see more content about their business because I admire Sophie in a professional way as well :) What's the brand? What they do? How do they became successful? It would be really inspiring to watch

@MrsMuera

19 күн бұрын

@@SophieShohetOfficial I'm stilling waiting for your video on getting a promotion. I LOVE your career/financial advice. You're so smart.

I had few big designer bags including LV and Chanel and sold them all. They were either impractical, too heavy, too delicate ( like Chanel GST ) or I was scared to take them out in case someone wanted to mug me. I think designer bags are absolutely beautiful to look at but for me turned out impractical. Now I have some well made leather bags that I bought in TK Max and I don’t need to worry about them. Love your videos Sophie. Xxx

Extraordinary Popular Delusions and the Madness of Crowds is a great book, required reading in some classes. There has been a flurry of interest and piling on. People realize just HOW MUCH EXTRAORDINARY amounts of money they have tied up in hand bags. There is a crush to sell before tastes change and the prices plummet and they can’t get their money out of the bag. There is now a piling on to sell.

Extraordinary Popular Delusions and the Madness of Crowds is a great book, required reading in some classes. There has been a flurry of interest and piling on. People realize just HOW MUCH EXTRAORDINARY amounts of money they have tied up in hand bags. There is crush to sell before tastes change and the prices plummet and they can’t get their money out of the bag. There is now a piling on to sell.

Sophie I totally resonate with you about luxury bags. For one, I do not amass the amount of luxury bags that you do have. Now that I am retired what used to give me joy and excitement are no longer "things" but the experiences /memories in life with people and family. Guess you will discover these nuggets as you go through your life journeys.

I have always been into second hand bags since I was a teen😊

I find this whole concept of a luxury journey to be odd. I buy what i 1) can afford 2) love. I have a handful of lux bags that i use regularly-the term collection creates this need to have it all. I also have clothes from Primark/HM. I for a style/aesthetic/clothes that fit and not a logo. If you have money people will know. If you don't have money, your choice in bag/overall outfit people will know too. You can only fool a fool. Ive never bought something with intentions to sell it. If i ever did sell anything, I need to look at my motivation for buying it originally or i need money.

Your a clever young lady. You have rightly could the vibes out there. People are having enough of these so calked luxury goods. I also now enjoy to indulge in travel and new experiences. Its like a breath of fresh air. ❤

Hey Sophie, I hope you're having a great week 💐

@SophieShohetOfficial

19 күн бұрын

And to you my friend!!xx🥰🩷

I have also slow down on buying. I have too many bags n jewellery. I now love to dress simply n enjoying it. We actually don’t use so many items. Simple is happier ❤❤❤

Last year, i sold one of my Chanel and used 2/3 of its resale value to buy another Chanel (smaller in size ofc). I just don't feel like spending extra money on top of the existing collection, currently implementing an at least One In One Out policy. Planning on selling my other designer handbags as well to trim down to an essential/minimal collection. This might have something to do with me moving into a new apartment, prefer to spend my on furniture and household improvements like air purifier, oven, etc.

Most people I hear talking about early retirement desire to leave a traditional job to become an entrepreneur. It will be interesting to see how you pivot when the time comes

I sell bags for travel or to get a new one! I sold a bunch of bags for my last NYC trip and having that extra money for the trip was the BEST!!!!!

Your reasoning is very solid and well thought out. I have been sent in the direction of some KZreadrs who are selling all their bags through reaction videos of KZreadrs I watch regularly and in each case I only had to watch one to figure out that they are airhead slavish trend followers. One of them, I can’t remember her name, said she had an awakening a few days ago and suddenly felt her bags were spiritualy empty and she put them up for sale the next day. Like I said, airhead. At some point in the future she will understand how much money she has lost by not thinking it through thoroughly and studying the market first. She may also find that when the minimalism trend is over she wants her bags back and will waste another huge amount of money in buying them at tomorrow’s prices. I think you really have to take this trend with a big grain of salt.

So many companies are going down/part of the club? Nothing can stop what’s coming its going to shock the world! The best is yet to come! ❤️💜❤️🕊️🙏🌎

I just sold my ysl small loulou because I used it maybe 6 times in the 3-4 years I owned it. I bought the toy puffer in lambskin and I've used it almost everyday for a month now.

The big climb in prices I feel has been a wake up call to designer lovers, especially with bags & shoes. Even if you can afford these items they are not good value and now carry an element of disgust & stupidity on the people walking around with these items. On top of this there is the much discussed element of being a target on the streets for being attacked being in possession of high end items. In London I can’t wear my Rolex, Dior bags, even my clothes might suggest worth I’m worth targeting unless it’s a door to door limo event. So you are right to move now and get a good price for some bags and enjoy more experiences of travel, events etc. More likely to reach your goal too if not being constantly tempted by the latest designer goodies. you can carry off amazing style Sophie without being top loaded in designer items. You have the looks but your personality is your biggest asset IMO. Good luck with your sales.

I generally sell a bag to buy another but I’ve now got a collection I love and use so bag purchases are now well thought and planned out ❤

@SophieShohetOfficial

12 күн бұрын

Hello lovely Vanessa!! I hope you’re having a great Wednesday 🥰 Thank you for sharing 🙏 for me, if I’m not using it, it’s going! Honestly, I have stuff everywhere - this has been a long time coming!! Hugs xx🥰🥰

I like your finance videos, we all need to know the pitfalls and gains of finance, Also love your car videos with David. I liked your holiday videos too.

I love luxury, but I also have an ambitious plan to retire at 45. Currently, I am 28 years old and I only own two belts and one scarf. There have been times when I felt like I was missing out on something while checking social media, but now that I'm getting more mature, I wouldn't change any of the trips I've taken or the monthly investments I've made to buy any designer bags 😅

What a nice topic. I have been buying and selling for the past decades and currently a mature adult nursing student. I am investing in my own knowlege and perhaps work as a nurse for few years before retiring and taking it easy. I do not have many bags but i will perhaps keep only a few and enjoy them to the fullest because life is short and as my husband said, a bag is just a bag😅

I enjoy watching “catalog” shopping, where you give your viewpoint on new releases without actually buying the items. It gives me an idea of key points to watch for when looking at the products. Or when you go shopping and show us items with your feedback. Again, no need to buy.

Oh I quite like the business and car videos, but those are topics I’m interested in generally anyway. Bags are interesting, but I’m sticking to the cheaper contemporary items because there’s still some decent stuff. A lot of “luxury” designers also use materials that aren’t really luxury. You’re paying for these designs, but you can’t wear them often or they fall apart like a cheap item.

I have a decent collection and hardly use any of my bags ! I am so over the crazy price increases the last few I have purchased preloved, I love to look at preloved shops, but like you I need to sell off my bags I am not using

For me evolution is the reason for selling. My lifestyle has changed (my children are getting older) so my bags change with it. I’ve also experienced bag creep with my taste in bags becoming more expensive and branching into exotics. Why not sell those bags that no longer serve my current lifestyle to buy news ones that align with my current passion?

I do love your vlogs in stores. But I appreciate the showing of the products. I don't care if you buy or not. I just enjoy the pleasure of being taken somewhere I can't go. Plus, I like you.

Experience is very luxurious, especially with friends. You cant really know if a friend wont betray you, you cant expect anything back from friends even when that is a norm, friends become busy with their own life and children and there is little to no time to nurture good emotions, support and genuine meetings. Friends are very expensive due to the unpredictable nature, how vulnerable they are to stress and you cant expect anything from other people.

@SophieShohetOfficial

19 күн бұрын

So true!!xx🩷🩷

Valid points ❤😊

I am not a lixury lady but thos past year i have just not been interested in acquisition and am looking to pare things down. Maybe for some, the cycle has run its course.

Decluttering (spring cleaning), simplifying (for a capsule wardrobe), and most of all, "put off by being ripped off." Still love nice things but quality over quantity, especially, in this inflationary environment.

I enjoy watching your videos as a woman seeing another woman do so well, it gives me hope for myself. I grew up in Pakistan so there weren’t any career women around me other than teachers so I did not have much ambition. Of course there were successful women everywhere at that time but not in my immediate circle. Now that I have grown up and know that value of financial independence and education, there is so much I would have done differently if I had this kind of knowledge.