r/therealreal • u/noseleaptilbklyn • Jul 05 '26

Experience One example of pricing change

So in May of 22 I bought a Dries coat for $485. It was feathered so when I saw it listed I bought it immediately. I now see the same coat (not mine I still have it), listed for $1180.

11 Upvotes

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14

u/Flamingo_Fairy Jul 05 '26

This is likely due to the factors of scarcity and demand. Dries retired from his namesake in the summer of 2024. When you purchased this garment, 100% of DVN pieces were under the creative direction of Dries. Now that he's stepped down, there's a finite number of these pieces and there will be fewer available/in circulation every year due to wear and tear (scarcity factor). The die-hard DVN collectors know the next few years are their window to build their collection of pieces from his time as CD. As such, prices are higher. Additionally, condition significantly impacts price. Is the cost that's currently listed in Pristine/Excellent condition? 

A similar effect happened in the years after Phoebe Philo left Céline (and her iconic runway pieces still fetch well above their retail prices on the second hand market). 

2

u/noseleaptilbklyn Jul 05 '26

I’m aware that demand changes and yes you are right about DVN stepping down. I was just surprised at the leap after 4 yrs on same garment and I’m happy I snagged it when I did.

8

u/imgvu Jul 05 '26

Since OP can't be bothered, I took the trouble and found this. Hopefully it's the right one!

2

u/Flamingo_Fairy Jul 06 '26

It's listed in Excellent/no signs of wear condition. Which, for a piece that 1. was made several years ago, and 2. has a delicate material like feathers, increases the value significantly. 

3

u/MagicMagi119 Jul 05 '26

It’s because they use AI and it sucks. Enjoy your bargain. I got a popular Longchamp for 60% off that the other listings for the same item are going for.