6 designer bags that are ‘really worth the cash’– and ones you might ‘be sorry for’ purchasing: Shopping specialist

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It’s time to begin dealing with bags like a genuine financial investment.

In 2020, the financial investment capacity of bags surpassed uncommon art work, cars and trucks and bourbon, according to Art MarketResearch By 2027, the marketplace is anticipated to reach $100 billion, compared to today’s $72 billion.

As the creator of Rebag, a designer bag resale website, I’ve kept a close eye on the resale worth of popular high-end products.

Based on our exclusive rates tool, which utilizes countless information points on main and secondary market rates and need, here are 6 designer bags that are really worth the cash– and the ones you might be sorry for purchasing:

1. Telfar bags

Telfar Shopping Bag

Photo: Rebag

Thanks to high need, restricted drops and star fans like Dua Lipa, Oprah Winfrey and Beyonc é, Telfar bags have a typical worth retention of 195%, suggesting that they value to almost two times as much as their initial market price.

That’s well above other significant designer names– like Chanel, for instance, which boasts a typical worth retention of 87%.

Founded in 2005 by Telfar Clemens, any design of the Telfar Shopping Bag, specifically the Ugg, Eastpak and Moose Knuckles cooperations, will make a minimum of its retail worth at resale.

2. Herm ès bags

Herm ès Birkin Sellier

Photo: Rebag

Like Telfar, Herm ès is a designer “unicorn.” On average, the brand name’s items maintain their preliminary retail worth and deserve more on the resale market.

The French high-end brand name has a typical worth retention of 103%. The Birkin and Kelly bags– called after Jane Birkin and Grace Kelly– do specifically well at resale since they are 2 of Herm ès’ marquee products.

Birkins have a typical worth retention of 96%, while the Kelly averages 108%. The uncommon Birkin Sellier has a particularly high typical worth retention of 226%.

3. Louis Vuitton bags

Louis Vuitton x NBA Ball in Basket Bag

Photo: Rebag

Another designer “unicorn,” Louis Vuitton boasts some excellent resale worths, specifically on their short-release designs.

For example, the Nigo Keepall Bandouli ère bag has a 119% typical worth retention, while the Louis Vuitton x NBA Ball in Basket Bag has a 147% typical worth retention.

The brand name’s typical retention worth at resale is 92%.

4. Chanel bags

Chanel Deauville Tote

Photo: Rebag

The resale worth of Chanel bags climbed up with its main market value boosts. Up 12 portion points from 2021, the brand name’s typical worth retention is 87%, although a number of bags go beyond 100%.

Chanel’s Deauville Tote and Grand Shopping Tote are amongst the highest-value bags, keeping approximately 112% and 110%, respectively, of their worths on the secondary market.

5. Mini editions

Louis Vuitton Mini Speedy

Photo: Rebag

Mini editions are exceptional financial investments since they are produced in smaller sized amounts and have high need, typically driving their secondary market price up.

For example, the Louis Vuitton Speedy Mini HL Handbag maintains 201% of its worth at resale, while a vintage Fendi Micro Baguette keeps 149% of its retail worth on the secondary market.

6. Collaborations

Dior Daniel Arsham Double Zip Crossbody Pouch

Photo: Rebag

Collaborations are exceptional financial investments since they’re restricted editions that typically offer out.

The Balenciaga and Gucci Hacker Project carry has a 122% typical worth retention, while The Hacker Project video camera bag holds 116% of its preliminary retail worth at resale.

Artist Daniel Arsham’s Dior cooperation likewise carries out well, with its double-zip crossbody pouch keeping 139% of its retail worth on the secondary market.

Not all designer bags are great financial investments

Handbags that are too fashionable typically fall out of style within a couple of years, and for that reason do not hold much worth on the secondary market.

Of course, there are a couple of exceptions: A bag might suddenly return in design, increasing its typical retention worth, like when it comes to the Dior Saddle, Balenciaga City and Fendi Baguette.

Consumers ought to likewise watch out for designs with a big supply and low need, like the Louis Vuitton Alma, which just brings a typical retention worth of 67%.

Other bag designs that normally do not have a high financial investment worth consist of the Chanel Tricolor Classic Double Flap bag, whose typical retention worth is just 38%, and the Prada Double Zip Lux Tote, which just yields 35% of its initial worth at resale.

Charles Gorra is the creator and CEO of Rebag Previously, he operated at Rent The Runway, Goldman Sachs and TPGCapital He made an MBA from Harvard Business School in 2014 and a master in management from HEC-Paris in 2007.

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