Estimated Retail PriceUpdated 3 months 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 assigned to specific collection tiers according to their current market prices. We regularly conduct price checks and may need to reclassify a bag into a different tier if the market price changes. To understand the current market value of each bag, please refer to the estimated retail price (ERP) listed on each bag's page.

Tier Breakdown:

• Starter Tier: Bags valued under £1,000

• Premium Tier: Bags valued between £1,000 and £2,000

• Deluxe Tier: Bags valued over £2,000

Feel free to explore the different tiers and choose the collection that best suits your style and budget.