As property prices soar and fewer young people than ever are able to invest in their first property, thoughts turn to what we should be spending our money on. So, until the housing market takes a dip, we’ve decided to listen to the Vogue experts, who famously want to have her investments “hanging in the closet”. Or more specifically, sitting on the bag shelf. Some designer handbags depreciate faster than a new car, but others hold – or even increase – their value. See the here:
£1000 – Chanel, Timeless
“A fashion classic, the Chanel Timeless is a fail proof investment and is the best selling bag on Vestiaire Collective since our launch in 2009, it ranks number one on our Global Bag Index. Stylish in black velvet, it is the only bag thats increases in retail value each year. I think it’s really stood the test of time due to its classic style, as its name indicates, there is no era in which this bag doesn’t work: worn by everyone over the last 60 years from Kate Moss to Bianca Jagger to Catherine Deneuve – its a powerful fashion statement but without being too ‘visible’ and really is worth investing in.”
-
£700 – Gucci, Jackie“Launched in the Seventies, this bag represents the causal elegance of the high-flying jet set. Bearing the interlocking double G’s, its vintage style fuses the relaunched version of Gucci by Alessandro Michele, mixing a disco attitude with modern easiness. If possible, buy a Seventies canvas original, like those worn by Jackie Onassis – its the history that makes it cool.
-
£500 – Louis Vuitton, Neverfull“Being at an entry level price point in the Vuitton range, the Neverfull is more accessible to a wider audience and the monogrammed canvas remains popular and is a great style to start your designer bag collection, with its roomy shape making it practical and timeless. The Neverfull holds its value over time and you can recoup around 80 per cent of the retail value back at resale.”
The bag is currently in fashion as a symbol of wealth due to its high price and use by celebrities. Birkins are the most popular bag with handbag collectors, and Victoria Beckham owns over 100 of them. Its prices range from US$11,900 to $300,000.
The story behind
It was a short flight, but it didn’t take long for the conversation to take off between the two sharp-witted seatmates. When Jane dropped her Hermes diary, scattering a flurry of papers, her gentlemanly neighbor came to her aid. She grumbled that diaries were never able to hold all of her bits of paper and bags never had enough pockets! He introduced himself and promised, while he couldn’t revolutionize her diaries, he could at least have her dream bag made for her in his workshops. She explained what she wanted. He took notes and stepped off the plane with a preliminary sketch. They met up in the workshop, where the craftsmen took care of the rest.
There was no question about what to call it. The variety of leathers and colors, teamed with the creativity of the Leather Goods Design Studio, has given birth to a broad range of models, keeping this story alive after more than 30 years.
No Comments