Five Handbags Worth Investing In
In today’s fashion industry where trends change all the time, there are some items that are still worth investing in. Handbags. Luxury handbags.
Some luxury houses have managed to offer the right balance of design, exclusivity and marketing, that their handbags can fetch a pretty good resale price even after depreciation. In fact, a study by Baghunter claims the Hermès Birkin handbag have increased in value by 14.2 percent on average each year, making it a better investment than gold.
1) Hermès Birkin
The value of their handbags has never depressed downwards, but instead, has steadily and consistently increased over time. According to luxury consignment shop The RealReal, the fastest-selling luxury handbags remain from top luxury brands—Chanel, Céline, Louis Vuitton, Gucci and Chloé.
2) Louis Vuitton Neverfull
A Louis Vuitton Neverfull can resell for 84 percent of its retail price.
3) Chanel Classic Flap Bag
Chanel Boy bag can resell for 82 percent.
Of course, this requires one to maintain the handbag really well. With proper care and use of the bags, high prices can still be fetched for second hand luxury goods.
4) Celiné Trio
More millenials are also expected to be purchasing more luxury items. This could be due to the classic, vintage, limited edition styles and its timeless appeal to the buyers. Some sellers can even fetch more than the original price they paid for.
5) Chloé Marcie
Its 70s folk spirit with a touch of romance and feminity, perfect as a day bag.
Some classics are worth your investment and will never go out of style.
Image credits: bragmybag.com, Louis Vuitton, Chloé, Chanel and Celine