Article: 4 best handbag brands with incredible resale prices you should invest in right now
4 best handbag brands with incredible resale prices you should invest in right now
Chanel, Hermes, Louis Vuitton – when it comes to the world of luxury handbags, knowing what to invest in can be somewhat of a challenge. A buyer’s decision-making process can be muddled by so many factors, from considering the joy an item brings you, to factoring in its quality, longevity, and style.
There is, however, one way of making a solid, foolproof investment – consider the bag’s brand more than anything else. Household names such as Gucci and Chanel are some of the world’s most expensive, but they’ve shown fantastic resale value with prices rising year after year.
If you’re hard-pressed in looking for a handbag worth pumping your hard-earned money into, these luxury designer handbag brands promise the best return on investment.
Hermès Birkin 35
Hefty price tags have never deterred luxury fashion hunters from getting their hands on the latest Hermes Birkin. This family-owned mega fashion brand is a stickler for tradition, with hand-crafted bags made from fine materials, careful construction, and incredible use of color.
As of 2021, the value of a Hermes bag has increased every year and has never fluctuated. According to a 2017 study, the value of Hermes Birkin bags has grown 500% over the past 35 years, rising steadily as much as 14% each year.
View available Hermes products in Purse Maison here.
Chanel Classic Handbag
If you’re looking for bags to invest in, you can’t go wrong with Chanel. This globally-renowned fashion brand has consistently released some of the world’s most popular handbags while accompanying the biggest celebrities to major award shows.
Since 2008, the prices of Chanel handbags have increased by as much as $2,000. It’s even popular opinion that investing in a Chanel handbag is safer than investing in the stock market, as its price never fluctuates regardless of the economy.
View available Chanel products in Purse Maison here.
3. Louis Vuitton
Louis Vuitton Pochette Métis Monogram Canvas
A French fashion house that’s loved by all, Louis Vuitton (or LV for short to millions of its followers), has long been a symbol of class and sophistication.
Incredible durability (an LV bag can be worn for decades with little no to wear and tear), personalization (you can hot stamp your initials on an LV bag), and fantastic resale value are some of Louis Vuitton’s main draws for those looking to invest.
LV is notorious for hiking prices multiple times, and while this is bad news for new buyers, it’s great news for resellers. But while they’re known for regular inflation, they still aren’t as expensive as a Chanel or Dior, making it a great source of investment income for those with lighter pockets.
View available Louis Vuitton products in Purse Maison here.
Gucci GG Marmont Handbag
When it comes to brands that hold their value best, Gucci is one of the newest challengers. This Italian luxury fashion house known for its quirky and flamboyant designs is the most search-for brand of 2018 among millennials and is quickly growing in popularity among men.
According to data from one of the most popular US consignment shops, Gucci was shown to outsell comparable brands 2.3 times more.
View available Gucci products in Purse Maison here.
About Purse Maison
Purse Maison is the Philippines’ premium online consignment shop for luxury goods. Established in 2018, we specialize in designer handbags, clothing, shoes, and accessories, both brand new and pre-owned. Follow us on Facebook and Instagram.