3 Bags That Make Better Investments Than the Current Stock Market

When I say investment I don’t mean cost per wear or even how long you will hold onto the item for—I mean being able to get the money you spent on a bag back with interest. Yes, it is possible—certain bags never go out of style and people will always feel like purchasing these, so choose carefully and look after your bag and it will maintain value, possibly even increase it. The pre-loved designer market has gone “off the charts” in recent years and it’s showing no intention of stopping and I’m loving this trend.

Here are the bag investments* I stand behind.

A classic black Chanel

This one may be obvious and it is on the higher price end, but there is a very good reason for it—price of a classic Chanel flap bag has only increased since 1955. In addition to this, there has been a rapid increase in price of over 70% since 2010 which means that the cost of a pre-loved bag has also increased dramatically.

We all know that a classic Chanel is the perfect bag to go with you LBD, but it also makes a great investment—as the trajectory of price of a brand new bag is on a steep increase, so is the resale value.

A vintage canvas Louis Vuitton

You can pick up a beautiful vintage canvas Louis Vuitton bag for somewhere between $300 - $700 depending on the style and the condition. These bags may not sell for a whole more than that, but nor will they sell for any less. The price stays very consistent, however if you are willing to invest into maintenance and repairs you will be able to make a profit.

This bag has actually been a personal favourite of mine - the canvas is incredibly partial, the size is amazing, the quality is beyond words. Receiving the bag, my first though was “wow, this bag has lasted decades and will last for many more”.

Jacquemus Le Chiquito

I was astonished to learn that this bag is currently selling for over 41% of its retain value on Vestiaire Collective, so this little guy might be getting listed very soon. As long as I time my sale well, it looks like I might even be financially better off than before I purchased it.

I love this bag, but it is a perfect example of a trend bag - is it practical? Certainly not. Will it maintain the current trajectory of price increase? Probably not either, but if I’ve loved owning it and love the idea of selling it once I’m done with it.

Quality fashion is not disposable—it lasts a long time and can have many lives. We would be silly not to take advantage of this, so we need to rethink how we shop and view fashion.

*Disclaimer - this is in no way meant as financial advice nor am I licensed to give financial advice. The intention of this article is to draw attention to the value of high end pre-loved fashion.

Lots of love,

Lena