Having a bag from one of the world’s most famous brands adds prestige to your style. Often, these handbags and accessories are deemed works of art, and not everyone can afford to get their hands on one.
They’re also considered valuable investments because they tend to retain their value and exceed their retail price once you sell them in the resale market. Here are some tips to help you invest in a designer bag that’s worth the splurge.
Iconic bags from famous brands
With their timeless design, these luxury bags and accessories are sure to stay in style for years to come. Some of these are iconic because they’re a part of the brand history, while others stand out for their uniqueness.
Hermes, founded in 1897, has a rich heritage of crafting equestrian equipment but it’s the trapezoidal leather bag that became the brand’s signature after Grace Kelly’s engagement to Prince Rainier of Monaco. This bag is a status symbol, with prices easily soaring into the tens of thousands for exotic skins.
Prada, on the other hand, has been a leader in luxury luggage and accessories since its founding in 1913. Initially, the brand focused on the upper echelons of Italian society but by the mid-1980s fashionistas were looking for something more contemporary, and Prada’s triangle rucksack became the brand’s most iconic bag.
Jacquemus, which launched in 2009, is another brand with a strong cult following that’s not going anywhere anytime soon. The label’s mini bags, such as the Le Chiquito and Bambino, are a trendy option for any occasion or novelty moment.
Sophistication
Whether you’re in the market for a high-end handbag, wallet or briefcase, the right piece can elevate any outfit to the next level. We all know that luxury goods aren’t cheap, but a well-chosen design will keep you looking and feeling your best for years to come. Luckily, there are plenty of places to look to find the best luxury bags in town. So what are you waiting for? Using the internet to find the right one for you is as simple as searching by brand, style or price range. You’ll be able to take your pick from the likes of Burberry, Gucci, Chanel and more without a hitch. We also offer free delivery and a 45-day return policy on all of our products. The good news is, you can get the bag of your dreams in no time at all.
Longevity
Unlike fast fashion, luxury bags are built to last a long time. And it’s the care and maintenance that they get after purchase that determines their lifespan and resale value.
While there are many factors that contribute to a bag’s longevity, it’s largely down to its style. Often, bags with clean shapes end up being classics.
As well as that, the brand can also have a significant effect on its resale value. According to Lara Osborn, Senior Procurement Director at Fashionphile, a luxury accessories resale platform, brands such as Chanel, Dior, Gucci and Hermes tend to stand the test of time.
Similarly, Cherney believes that black bags always do well and chocolate-y coloured ones are particularly enduring. But even with the above facts in mind, it’s important to remember that the resale market isn’t a place where you can just walk into and sell your bag off without taking any precautions.
Buying a pre-loved piece
Buying second-hand is an increasingly popular way to add luxury items to your closet. It not only helps you save money, but it also cuts down on the carbon emissions involved in manufacturing and transporting goods around the world.
Pre-loved pieces are a great way to score hard-to-find, discontinued or limited edition designer bags. They can also be a fun way to try out new styles without breaking the bank.
Some of the best places to find authenticated pre-loved bags are consignment stores, Instagram accounts and dedicated websites that specialise in selling pre-loved designer goods. They will also often provide a range of authentication services for added piece of mind.
Despite the benefits of buying pre-loved items, it’s important to note that they may not always be in perfect condition. Some pre-loved bags can show signs of minor scuffs and scratches from everyday use, so it’s worth bearing this in mind before you buy.
