Welcome in, today is Friday, October sixteenth, and we begin with Fashionphile's new read on what holds value in resale. Louis Vuitton's Speedy is the most-shopped handbag on Fashionphile for a second straight year, and its value rose sixteen point two percent year over year. That comes from the platform's twenty twenty-six Ultra-Luxury Resale Report, built on its own transaction and search data, one of the few public reads on which models hold residual value. Per that report, Chanel's Double Flap held second place and Prada's Re-Edition climbed from eighth to third. Chanel was the most-searched brand, Louis Vuitton the most-shopped. In footwear, the Hermès Oran sandal took first, ahead of the Gucci Ace sneaker, and searches for ballet flats rose seven hundred fifty-one percent. The same report has Fendi moving to ninth and Celine entering the top ten, displacing Tiffany and Company. Industry reaction leans past the rankings themselves, with some in the trade reading reported above-retail payouts on a recent creative-director debut as pricing power shifting toward the secondary market. Also today, an argument about agentic retail. Luxury Daily's weekly Luxury Unfiltered column, written by Daniel Langer, chief executive of the luxury strategy consultancy Équité, argues that AI shopping agents expose luxury's scale problem. That is as far as the account we have goes, and the read belongs to its author. It lands as agentic tools reach brand channels, which is where the question turns practical. Industry reaction leans toward reframing the problem rather than accepting it, with some practitioners arguing luxury never carried a volume requirement until channel proliferation manufactured one. A recurring concern in e-commerce commentary is that the binding constraint is not the buy button but plumbing and permissions, with merchant catalogs and structured product data described as not built for machine-led discovery, and an unresolved authorization layer covering who approved a purchase, spending caps and an audit trail. Separately, to Australia. Country Road Group will pull nearly one hundred of its two hundred eighty-three concession pads from David Jones stores starting February twenty twenty-seven, according to News.com.au, which cites the Australian Financial Review on the group's decision to favour its own network. That account also has Dior ending shoe and handbag sales there about a month ago, Gucci exiting, and Chanel dropping shoes while keeping cosmetics. At stake is how much brands still need department-store floor space in that market. A Country Road Group spokesperson told the outlet David Jones remains a valued partner and the group will keep a presence, with trading space varying by location. David Jones said it is adjusting partner exposure under its INSPIRE30 reset strategy. Reaction leans away from reading this as simple retailer decline, with some framing the withdrawals as brands re-pricing their route to market. Now to the teen consumer. Teen spending on footwear improved in this year's Piper Sandler survey, but athletic brands lost share to non-athletic preferences, per WWD. Casual labels are edging into the top of the rankings, that reporting says. Piper Sandler's semi-annual read is the standard forward indicator here, so a share shift in it lands on next-season assortment and wholesale orders. Among marketers, a recurring read is that the move toward low-effort footwear may owe less to affordability than to trend fatigue, with micro-trend cycles turning over faster than a teen can buy in. On the investor side, some take the same survey as a quiet re-rating of casual and skate-heritage footwear rather than a seasonal blip. Now, a few more headlines moving the trade today. Bloomberg sees few fireworks for luxury's biggest names into year-end and puts any upswing in twenty twenty-seven, with the MSCI Europe textiles, apparel and luxury goods index down twenty-five percent this year. That follows our earlier report on the sector-wide selloff. WWD has Bloomingdale's chief executive Olivier Bron laying out how the upscale department store is posting sales gains against a soft sector, on a widening premium-contemporary and luxury assortment. De Beers is reopening its Madison Avenue flagship while charting further global expansion, building its United States business and strengthening its position in high jewelry, per WWD. And finally, The RealReal has scaled an AI shopping agent with Google Cloud. Per Luxury Daily, the Ask TRR tool lets the platform's forty-five million members search inventory by describing a look, era or occasion.