Top Five Luxury Handbag Brands to Invest in Now
Looking for investment pieces to buy used and resell? Luxury, pre-owned handbags by Louis Vuitton, Chanel, Hermés, Gucci, and Dior are the most-wanted designer brands that should dominate the merchandise in your store for 2022, and we’re here to tell you why.
Trends in fashion, finance, and tech come and go — Bitcoin, anyone? — but the list of designer handbags that are worth the investment have either remained the same or increased in the past few years. And while a designer handbag is considered a luxury item, it’s also convenient, functional, stylish, and worth the money.
In fact, as brands like Chanel and Louis Vuitton continue to raise their prices and limit supply, their resale value keeps increasing, and that’s better news for your store than the current value of Shiba Inu and Dogecoin.
STYLE & STATUS
From monogrammed totes, to quilted leather shoulder bags, and exotic skin clutches, these trophy pieces are a portable and functional way to display style, character, and status without saying a word.
These days, the designer bags fetching the most money on the resale market are timeless classics that are able to transcend the times and trends, while innovating and updating designs to appeal to future generations too.
FIVE HANDBAG BRANDS WITH THE HIGHEST RESALE VALUE
We recently published our Fall 2021 Trends Report, and as of November 2021, Louis Vuitton is our top-selling brand, followed by Hermés, Chanel, Gucci and Dior. But do you know what’s driving all these numbers? These accessories are all exquisite, expertly crafted, expensive, and highly coveted on the resale marketplace.
Louis Vuitton is known for its high-quality craftsmanship and classic design that can transcend time to be passed down for many generations. As one of the world’s most easily recognizable and valuable luxury brands, its exquisite collection of products includes leather goods, handbags, jewelry, clothing, shoes, watches and accessories that are often adorned with the LV monogram.
Driven by the sales of the Louis Vuitton Speedy, the Neverfull Tote, the Alma, and the Twist, Louis Vuitton is a brand that appreciates in value over time, and if you’ve got an item in excellent condition, you can earn back most of your investment.
Did you know a Chanel handbag might be a better investment than the stock market or crypto? Over the past 10 years, the value of Chanel Classic Flap bags and the 2.55 have more than doubled, and despite the price increases, demand for the Classic Flap Bag, the Boy Bag, and the Re-Issue is stronger than ever.
Needless to say, investing in Chanel bags for your store is a very safe bet. And since Chanel is still one of the world’s top luxury brands, this French haute couture house will continue to produce timeless classics, decadent designs, iconic pieces, and exquisite collector’s items for decades to come.
While the global pandemic negatively impacted many luxury brands, Gucci was one of the few that came out on top. When Kering, Gucci’s parent company, reported their Q2 sales for 2021 Gucci was up 86% compared to Q1, and revenues were up 95% from Q2 in 2019. And when Luxe Digital, a media publication company that focuses on the global luxury market, published their Top 15 Most Popular Luxury Brands Online in 2021, Gucci was listed as #1.
Gucci was also one of our most bought and sold brands of 2021. Known for its impeccable craftsmanship, timeless silhouettes, and one of the world’s most famous logos, Gucci’s leading the way with the Marmont Collection, The Dionysus, and the relaunches of the Gucci Jackie 1961, the Bamboo (Diana) Bag, and the Horsebit. Investing in Gucci bags for your store will guarantee you a very high resale value, especially as the supply becomes more limited.
Hermés is, without a doubt, one of the world’s most elusive and luxurious brands. Known for its impeccable craftsmanship and exclusivity factor, Hermés bags are a symbol of wealth, status, and timeless style. Since a customer cannot go into the store and purchase a bag outright, the Birkin, Kelly, and Constance are some of the hottest items on the resale market today. and due to the limited supply, shoppers are willing to pay top dollar for secondhand bag.
Whether you’re stocking up on Birkins or Kellys, Hermés bags are an excellent investment and despite rising prices and limited supply, they’re always going to be worth the money. And if you’re able to source a bag in excellent condition, crafted in exotic skins, or in a limited-edition color or design, you’ve got a goldmine on your hands.
The eternal allure of Dior has helped this storied French fashion house climb back up the list of the world’s best luxury brands. Christain Dior was so dedicated to ensuring all women looked their best, he wrote the *Little Dictionary of Fashion* in which he said purses should always be made of the highest quality materials and exclusively handcrafted for a breathtakingly perfect, ladylike design.
As one of the most searched brands in 2021, Dior handbags are doing incredibly well on the resale market and owe its success to the Book Tote, the relaunch of the Saddle Bag, and the Dior Lady Dior. As a symbol of class, timeless elegance, and of course Princess Diana, the Lady Dior Bag is an iconic investment piece and one of our best sellers. If you choose to invest in Dior bags for your store, you’ll get your money’s worth with all three of the bags listed above.
TRENDS, BEST SELLERS & MORE
Curious to know what these top sellers went for on Stock or how to place the right max bid on Auction? Want to see a more in-depth breakdown of designers and styles? Contact us [email protected] and your dedicated account manager can help guide you through the process.
*LePrix is not affiliated with any brands in any manner. Brands are not responsible for any product purchased from the website, and brands do not guarantee the authenticity of goods sold. All items are LePrix Vetted and Approved: LePrix’s team of specialists inspect every item before it’s listed and sold on LePrix Wholesale.