ALT/FNDATA · Market Report

Q2 2025 Report: The Secondary Market for Luxury Handbags

Auction-realized prices and the luxury-equity backdrop

The descent began: aggregate value fell about 25% year over year as the spring de-rating that hit the listed luxury houses reached the saleroom in the same quarter, even as the very top held and Hermès took the overwhelming majority of value.

Q2 2025 · Handbags 8-minute read By ALT/FNDATA
Q2 2025 Report: The Secondary Market for Luxury Handbags
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The headline

The correction in three numbers

−25%

Auction value, YoY

Q2 sold-auction value fell from $23.6M to $17.7M (−25% like-for-like)

$321,804

Top lot, level YoY

A custom Bougainvillier alligator Hermès at Christie's; the 2024 top was $324,373

85%

Hermès share of value

$15.1M of $17.7M cleared, across 782 sold lots

Auction-realized prices: what luxury handbags actually sold for at the hammer, not asking prices.  ·  15M+ auction results · 850+ houses.

The read

What the data shows

ALT/FNDATA Q2 2025 report on the secondary market for luxury handbags: the descent began. Auction value fell about 25% year over year to $17.7M (−25% like-for-like), concentrated in Christie's late-May sale, even as the top lot held at $321,804 and Hermès took roughly 85% of value. Luxury equities de-rated in parallel (LVMH ≈ −22%). Free headline data; full report by email.

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Read the full report

The headline data above is free to cite. The full report is part of ALT/FNDATA Membership, which includes every quarterly market report and the Visual Analytics Hub. Inside this report:

  • The full month-by-month auction breakdown (April to June)
  • The luxury-equity backdrop: the spring de-rating across the majors
  • Concentration: where capital actually cleared (Hermès and the flagship houses)
  • Methodology and how to cite the data
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Cite this report

Source: ALT/FNDATA, “Q2 2025 Report: The Secondary Market for Luxury Handbags” (June 2026). Based on auction-realized prices for luxury handbags cleared at the auction houses ALT/FNDATA tracks, with public-market context from Q2 2025 luxury-equity performance. © 2026 ALT/FNDATA · altfndata.com/reports/luxury-handbag-market-report-q2-2025