Classic Designer Handbags
We frequently talk about “investment items,” which are the things that are meant to carry you through a lifetime of wardrobe dilemmas.
But, when it comes to style, it can be difficult to decide what to “invest” in, when to do so, and the rationale behind the decision. The resale value of an item is an important consideration for us because we believe that circular fashion should be the norm. Other aspects that are important to us include the object’s history, quality, durability, and, of course, its aesthetic appeal.
This is especially true when it comes to the acquisition of handbags. It’s possible that if you choose your luxury handbag carefully, it may last you a lifetime and perhaps become a priceless inheritance after you’re gone (sorry, bit morbid). On the other hand, if you are interested in really generating money in addition to spending it, then making a buy at the right time and then immediately reselling it might help you bring in a significant amount of cash.
Here, we dish the inside knowledge on which vintage designer bags and contemporary “hypey” products people are hunting for, purchasing, and selling second-hand, as well as what is truly worth investing your hard-earned money and money that you have saved for a long time in.
We consulted a number of industry insiders, such as the founder of an independent luxury retailer that was established in 1988 named Larizia, the Senior Buyer at Matchesfashion named Romilly Proctor, and the Vice President of Fashion Buying at Mytheresa named Tiffany Hsu, to find out which handbags are currently the most in-demand.
The 11.12 Bag by Chanel
The 11.12 bag, which was first introduced in 1982 to celebrate Karl Lagerfeld’s entrance at Chanel and is also known as the Chanel Classic Flap Bag, is a true design icon.
The 11.12 is an updated version of Coco Chanel’s 2.55 design, which can be seen further down the page. It is distinguished by its gold chain, diamond quilting, double flap, and ‘CC’ clasp, all of which work together to produce a bag that is not only quite practical but also rather lovely.
We’re unsurprised its popularity has increased over the previous year: Chanel has been slowly creating waiting lists and increasing its costs so the 11.12 may now sell for almost as much as a Birkin, which also raises resale value. More points are awarded for a design that is available in a limited quantity.
1955 Gucci Horsebit
Romilly Proctor, Senior Buyer at Matchesfashion, notes that their consumers continue to spend in classic designs from legacy brands such as Gucci. “Our customers continue to invest in classic styles from heritage brands such as Gucci.” And at the top of their priority list? An equestrian-inspired design, the 1955 Horsebit leather shoulder bag from Gucci is available in either glossy leather or the brand’s distinctive monogram canvas.
It is a historic design that has been given a modern-day redesign, which means that it has the feeling of being both timeless and excitingly fresh, much like many of the trendiest bags that are now available. Also, Proctor has her sights set on the “new saddle bag in the trademark GG logo displayed at Gucci’s SS23 show,” which will be available for purchase later on this year.
Saint Laurent Le 5 à 7
In the latter part of the year 2022, both Mytheresa and Matchesfashion experienced a high level of demand for a single shoulder bag in particular, which was Saint Laurent’s black Le 5 à 7 shoulder bag. When discussing handbags that have the appearance of being from a bygone era but are actually contemporary designs, this is an example.
According to Tiffany Hsu, who serves as the Vice President of Fashion Purchasing at Mytheresa, “Our clients have been honestly in love with it and beg for it often.” “It’s virtually sold out before it even makes it onto our website,” said the person.
It is uncomplicated, classic, and adaptable, and it fits with everything and everything. Also, it is right on trend because to its elongated shoulder design, which is reminiscent of fashions from the 1990s. As it is common knowledge that the Y2K trend will be around for quite some time, it stands to reason that the appeal of this handbag will only grow from here. Choose the glossy black design to ensure a genuinely future-proof investment; however, we won’t blame you if you fall victim to the much less reasonable but absolutely Elle Woods-worthy hot pink tint. If you want to look like Elle Woods, go for the hot pink color.
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