'We source particular exotic brand items for individuals as well as holding stock of these items at our retail stores.' 'Most items are handmade by artisans and simply can’t be produced in high volume which leads to long waiting lists for products. 'Consumers are unable to purchase vintage and luxury items that have very small production numbers or in some cases are one of a kind', James said. With even celebrities struggling to get their hands on the elusive arm candy, it's no wonder they're turning to a store like Posh Pawn instead. James Constantinou, 55, set up Prestige Pawnbrokers in the pricey Surrey town Weybridge in 2009 after he spotted an opportunity to profit off wealthy people with cashflow problems during the recession. Meanwhile, Posh Pawn's online store boasts two of the coveted handbags, the Kelly in purple for £17,995 and the navy Crocodile Bag for £34,950.Ĭonstantinou said that fashion-conscious shoppers are turning to his shops rather than the likes of Harrods or Harvey Nichols to avoid the lengthy store waiting lists, which can be as long as two or three years for Hermes bags. They can do you a favour, but it's up to them.'
Or if you have contacts or friends who work in the store you might be lucky. 'If you're allowed to sell eight in that month you pick and choose who to sell them to. 'Paris head office will call all the stores and let them know how many they can sell in that week or month.
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Fashion victims that have bags as status symbols want to update as and when a new one comes out,' she explained. 'Fashions change, things become last season.
I've got second-hand bags in that haven't even been used that are still in the box with their dust covers on. The store's luxury handbag expert previously told FEMAIL: 'It's a lot easier to get a Birkin second hand. With limited stock and extensive waiting lists to buy the elusive Birkin bag in store, Prestige Pawnbrokers also offer shoppers the chance to get their hands on rare Hermes pieces
'Celebrities are now becoming very on trend in respect of sustainability and this is reflected in their shopping for luxury goods', Constantinou, 55, told FEMAIL. The chain of stores was founded by James Constantinou in the pricey Surrey town Weybridge in 2009 after he spotted an opportunity to profit off wealthy people with cashflow problems during the recession.įrom Cartier to Chanel and Rolex, the upmarket pawnbrokers sells an array of lavish goods which have become popular with celebrities who get to snap up rare pieces and boost their eco credentials by buying 'pre-loved items'. Yesterday, pop star Janet Jackson was seen leaving Chelsea's Posh Pawn store, part of the Prestige Pawnbrokers chain, where she had reportedly been eying up Hermes handbag which can cost up to £29,000.Īnd while it may seem odd that a woman with an estimated fortune of £150million was browsing around a pawnshop, it's a well-known secret among the fashion conscious that it's far easier to find an elusive Birkin bag second hand than it is to pop into Hermes. While pawnbrokers may conjure up images of old smart phones and knock-off watches - one chain of lavish shops has become an unlikely hit with the super-rich.