Estimated Retail PriceUpdated a year ago

What does Estimated Retail Price mean?

Want to know what value you're getting as a COCOON member? The ERP, listed on each bag's page, is the estimated price at which a bag can be sold, offering an understanding of the current value of the item. If the bag is vintage, the ERP is based on the current market price. If the bag is a limited edition, the ERP takes into consideration the current market price and the current retail price.

How do you decide which bag falls into which collection?

Styles are allocated to a specific collection tier based on their current market price. We do continuous price checks, and will at times have to shift a bag into a different tier based on changes to the market price. See the estimated retail price (ERP) listed on each bag’s page to understand the current market value of each bag.