Regardless, whether it’s your first time buying a designer handbag, or it’s your 100th time, choosing which bag to buy is gonna take time and research, and for good reason. In most cases, you’ll be dropping some major cash, so you want to make sure that you know everything about the handbag you are buying, including its possible resale value.
A handbag from the right brand is not only gonna retain its value, but will also appreciate in value over time. Hence, this is why so many luxury lovers view their handbag purchases as investments.
Want to know what are the best designer handbag brands to invest in? You came to the right place, as in this blog post I am going to introduce you to the 10 best designer handbag brands. These are the brands with the highest resale values in the luxury fashion industry. Furthermore, classic handbag styles from these brands continue going up in value year after year, which makes them an excellent investment; sometimes even a better investment than gold or the stock market!
These are the top 10 best designer handbag brands to invest in:
1. Louis Vuitton
Nearly two centuries of heritage with many iconic handbag designs; Louis Vuitton will forever remain one of the most sought after brands when it comes to luxury handbags. Moreover, prices of LV bags go up every year, which makes them a great investment.
Did you know that the Louis Vuitton Neverfull is one of the designer bags with best resale value? When in excellent condition, regardless of the pattern the bag is in, reselling the Neverfull is gonna earn you most of your investment back! LV bags other than the Neverfull also do pretty well on the resale market. Some styles even sell for a premium. Want to learn which LV bags are worth it? Check out my blog post on the top 10 classic Louis Vuitton Handbags to invest in.
What if I told you that a Chanel handbag might be a better investment than the stock market? Over the last 10 years, the Chanel Jumbo Classic Flap has increased in value for almost three times. In 2010, the bag used to retail at around $2,600. Fast forward to 2021, the same bag costs $7,400. Isn’t that crazy!?
For decades, Chanel was considered as one of the top designer handbag brands to invest in. The Chanel Classic Flap is without a doubt, one of the most iconic designer bags ever created. So is the 2.55, the bag that was designed by Gabrielle “Coco” Chanel herself.
Investing in a classic Chanel style is a safe bet. Historically, prices of classic Chanel bags have only been going up. So, it’s only obvious to assume that the prices will continue to rise in the future.
In 2017, the Himalaya Hermes Birkin Bag was sold at a Christie’s auction in Hong Kong for $2.9 million HKD, which today equals to roughly 370,000 USD. Hermes is, without a doubt, one of the most desirable handbag brands in the World. Their bags are stunning and expertly crafted. They are a symbol of status and wealth. However, you can’t just walk into a Hermes boutique and buy, for example, a Birkin or a Kelly. Only a handful of these bags are made each year, which makes them so exclusive and hard to get.
The exclusivity of the Hermes bags attracts lots of potential buyers to the resale market. As they are unable to access bags first-hand from boutiques, they are often ready to pay a premium even for a secondhand bag. When in excellent condition, a Birkin or a Kelly can be sold for 20-50 percent over their retail prices. However, if the bags are brand new, they sell for as much as double their retail prices. Bags from exotic skins can fetch even more.
Furthermore, what makes Hermes bags such an excellent investment is the fact that prices do go up every year. According to Baghunter, in 1980 one could buy a Birkin for roughly $2,000. Today, the bag sells for between $10,000-$13,000. That’s a whopping 600 percent increase in value over the last 40 years!
Another brand worth considering when it comes to designer bags is Dior. Decades after its initial release, the Lady Dior bag remains one of the most iconic bags ever created. Named after Princess Diana herself, the Lady Dior bag is a symbol of class and timeless elegance. A signature style for Dior, over the years, the bag has been interpreted in many different sizes and finishes. Every season we see new interpretations of the style. Moreover, limited edition versions of the Lady Dior are highly sought after by handbag collectors. This is why they often sell for a premium on the resale market.
Actually, Dior handbags in general do really well on the secondary market. If you are ever to sell your Lady Dior, you will likely fetch most of the amount you have initially paid for it. Furthermore, the Lady Dior is always subject to Dior’s annual price increases. On average, the retail price of the Lady Dior goes up for around 7 percent a year.
Jackie Kennedy liked to carry a slouchy Gucci leather tote. Princess Diana was also noticed carrying a bamboo-handled Gucci tote. Years pass, but Gucci continues being on of the most sought after designer handbag brands. The demand for Gucci bags has soared in 2015 when Alessandro Michele became a creative director of the house. He understood how a classic handbag silhouette can be transformed into something fresh and modern.
While satisfying fashion trends, many current Gucci bags feature timeless silhouettes. Thus, they have high staying power. If you are considering to invest in a Gucci bag, you might want to check out styles like the Gucci Soho Disco, the Gucci Dionysus, as well as bags from the Gucci Marmont line. The Gucci Soho Disco and Dionysus bags hold a strong resale value of over 80 percent, while the trendier Gucci Marmont bag holds a resale value of around 70 percent.
Standing next to the Louis Vuitton Neverfull is another iconic designer tote, the Goyard Saint Louis. Goyard is hands down, the most mysterious designer handbag brand. They never advertise. They hardly post anything on their website or social media. Needless to add that they don’t sell online. There are just a handful of Goyard boutiques in the World. So, trying to get your hands on a Goyard bag can be pretty difficult in the first place.
Due to brand’s mysterious nature and limited availability, Goyard bags tend to sell for way over their retail price on the resale market. These bags are exclusive and rare. So, anytime a Goyard bag shows up on the resale market, it is gone in no time. In general, when in excellent condition, you’d be able to sell any Goyard bag beyond its retail price tag. The Goyard Saint Louis Tote usually sells for as much as 1.3 times its retail value.
From timeless icons like the Baguette and Peekaboo to trendier pieces like the Mon Tresor and Kan I, Fendi is a brand to invest in.
The Fendi Baguette can easily claim a spot as one of the most recognizable bags in the World. Featured heavily in Carrie Bradshaw’s wardrobe on Sex and The City, the Fendi Baguette is believed to be the first ever it bag. Usually, it bags don’t have high staying power. On the contrary, their staying power is typically very short-lived. On average, it bags maintain their status for around two years. The hype inevitably dies down and they stop being relevant. Very few it bags have a potential to reach a cult status. Fendi Baguette is one of them.
The bag remains just as popular today as it was in the late 1990’s. Furthermore, the Fendi Baguette was famously relaunched in 2019. So, it’s safe to say the style isn’t going anywhere. Even vintage versions of the bag are in high demand on the resale market.
8. Saint Laurent
Some bags remain timeless no matter the season or fashion trends. Bags from Saint Laurent are exactly like that. Ask any luxury fashion lover, which brand they believe offers most for your money? Many will name exactly Saint Laurent.
Bags from Saint Laurent are elegant and timeless. Even older designs don’t look dated. Have you ever been afraid that in a couple of years your new bag is gonna look outdated? Somehow, older and even discontinued Saint Laurent bags remain relevant today. Perhaps, the secret is in the iconic YSL logo that remains unchanged throughout the years.
Some of the best YSL bags to consider for investment would be the LouLou, the Sunset Bag and the Sac de Jour. These three styles have been around for a while now and they have proven to perform well on the resale market.
Balenciaga was always one of those designer brands known for bold designs. It was in early 2000’s, when Balenciaga released the Motorcycle City bag. Immediately after its introduction, fashionistas from all over the World became obsessed with it. As a result, the Balenciaga Motorcycle City became the new it bag. Carried by all major celebrities of the time, from Olsen twins to Nicole Richie, it’s one of those bags that will forever associate with 2000’s.
Over the years, the Balenciaga City Bag managed to maintain its popularity. Moreover, unlike the Fendi Baguette or Dior Saddle Bag, Balenciaga City has never been discontinued. So, the bag has been on the market for almost 20 years now. It is still the best-selling design for Balenciaga. Limited edition City bags are highly sought after by handbag collectors. Needless to say that these bags perform really well on the resale market.
Bags from Celine have been decorating arms of luxury fashion lovers for as long as I can remember. Moreover, Celine handbags have always been considered a great investment. The brand has been making handbags since the 60’s. However, some of the most iconic Celine designs were born while the brand was under direction of Phoebe Philo, who was the creative director of the brand from 2008 to 2018.
Among Celine’s most covetable, classic handbag styles are: the Classic Box Flap Bag, the Belt, the Luggage and the Triomphe bags. When Phoebe Philo departed the brand, resale prices for Celine handbags have spiked by 30 percent. Furthermore, resale prices for Celine continue to rise, which even further confirms that their bags are an excellent investment. Moreover, fans of the house believe that the Philo-era bags can potentially become collectors items.