Quiet luxury is characterized by simple, high-quality pieces that are timeless and durable. It’s the opposite of flashy, logo-heavy fashion, and instead focuses on craftsmanship and the value of materials. The slogan for quiet luxury is “IYKYK”, which stands for “if you know you know”. This is because quiet luxury is all about making a presence without making a noise. For example, a logo-free bag might be expensive, but only those in the know will recognize its value.
While many view pricey handbags as a wasteful indulgence, luxury handbags are actually a timeless purchase that can retain its value or even increase in value over time–yes, even in this economy. The anti-trend ladies will tell you, luxury brands like Chanel and Hermès are known for their quality and craftsmanship, which helps them maintain their value over time. Limited production and exclusive access can make certain bags rare and increase demand.
Hermes Birkin
The Birkin is a status symbol that’s hard to obtain because Hermès produces a limited number of them each year. The brand keeps the price high and availability secret to maintain exclusivity. Hermès limits the number of Birkin bags a person can buy to two per year. Some colors are more difficult to get than others, especially unique shades and exotic skins. Neutral colors like black, gold, and etoupe are also in high demand. Each Birkin bag is handmade by a craftsperson, and it can take up to 40 hours to make. The saddle stitch is a signature feature of Hermès bags and requires two needles to pass through the same seam, which can’t be done by machine. The Birkin’s design has stood the test of time, and its style is unlikely to become outdated. Browse styles and colors at Fashionphile
Chanel Flap
Chanel’s limited production runs and periodic price increases create a sense of exclusivity around the bag. Chanel bags are considered “Veblen goods”, meaning that higher prices can lead to greater demand. Chanel bags are a symbol of timeless elegance with their iconic interlocking Cs and quilted pattern. Chanel has been increasing prices on its classic styles at least once a year since 2016. In 2024, a classic medium-sized Chanel flap bag broke through the ($10,820) barrier for the first time. Chanel bags are considered a good investment because of their high resale value and are beloved by celebrities like Paris Hilton, Kim Kardashian, Rihanna and Sarah Jessica Parker. Browse styles and colors at Fashionphile
Gucci Jackie
The Gucci Jackie bag is named after Jackie Kennedy Onassis, the former First Lady of the United States. The bag was originally called the G1244, an internal code, but was renamed after Kennedy Onassis became a fan of the bag and was photographed using it to shield her face from paparazzi. The bag became synonymous with Kennedy Onassis and her name, and Gucci began to produce the bag in her honor. The Jackie bag is still a beloved bag today, and has been carried by many celebrities, including Dakota Johnson, Margot Robbie, Dua Lipa, Elle Fanning, Jodie Turner-Smith, and Natasha Lyonne making it just as popular as it was in 1961. The Jackie is the perfect starter investment. Browse styles and colors at Netaporter
Bottega Veneta Large Andiamo
The reputation of Bottega Veneta as a top luxury label contributes significantly to the price tag. The Andiamo style is designed to be versatile, with features like a detachable strap allowing for multiple carrying options, adding to its appeal. Women everywhere wish it was more affordable, however, the distinctive woven leather pattern is a core element of Bottega Veneta’s identity, requiring skilled artisans to create the intricate design by hand, which adds significantly to the cost. Bottega Veneta is a prestigious Italian luxury fashion house; essentially, you’re paying for the brand’s reputation, design, and the skilled labor involved in creating the bag. Bottega Veneta uses premium calf leather, known for its softness and durability, further enhancing the bag’s value. Browse styles and colors at Netaporter
Ferragamo Hug
Ferragamo debuted the Hug bag during its Fall/Winter 2023 runway show in October, 2023. The bag was quickly adopted by celebrities like Kylie Jenner, Tracee Ellis Ross, and Anok Yai. The Hug bag is inspired by the embrace, a gesture that is common in Italian culture. The bag’s design features two straps that look like arms embracing the sides, and lock clasps that secure the straps in the front. The Hug bag is available in a variety of colors and sizes, including black, white, midnight blue, yellow, and red. It comes in two styles: a tote bag and a soft pouch that can be carried under the arm. The bag is made from brushed calfskin, patent leather, and suede. Ferragamo is an Italian luxury fashion house that focuses on apparel, footwear, and accessories. The brand is known for its craftsmanship and creative innovation. Browse styles and colors at Ferragamo
To buy a bag as an investment, prioritize buying classic, timeless styles from high-end brands, focusing on limited edition or rare pieces in good condition, as these are most likely to retain or increase value over time; always purchase from reputable retailers to ensure authenticity and proper care for optimal resale potential.
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