There are a few fortunate women in the world who have the capability to purchase high-end, designer bags like getting milk from the countertop. Owning one is such a status symbol and these bags will always come-off as fashionable. Yearly, hundreds of designer bags are taken out of the shelves, shipped and delivered to a whimsical shopper across the globe, and with meticulous care, it will be used for rather special occasions.
Huge names and manufacturers have established the luxury of owning one through tons of print advertisements which worked so well that it promoted the concept of saving-up huge sums of money just to buy one. Once a woman decides to give it a go, she’ll be satisfied with utter relief that finally, a designer bag will be sitting comfortably on her dresser.
Many fashion analysts and shopping experts have implanted the idea of investing whenever someone wants to purchase a designer bag. Aside from the fact that the item itself truly serves its function for style and comfort, the value of these bags seems to balloon every passing year upon purchase.
Paying for the brand itself is considered one of the many factors why the price tag is hefty, but the materials used actually contribute more to the selling value. There’s a plethora of women right now who thought that they have purchased more than what they needed and ventured out on reselling some of their valued bags with a price that’s sure to leave a huge hole in your wallet.
Going back to the idea of investment, online resellers are now stocking cash whenever there’s a successful transaction of re-purchasing the bag they previously owned. Based on a recent study, the three core bags which rake in the biggest profit when re-sold are the following: (1) Chanel’s 2.55 styles, (2) Hermes’ Birkin bag and (3) Louis Vuitton Neverfull.
The aforementioned triumvirate has been observed to give back the biggest amount as the supply is quite low compared to other designer brands. Furthermore, the names that they carry are undeniably three of the most famous in the market. The staying power of Chanel, Louis Vuitton and Hermes has been established since the last decade, with their market reaching even the middle class through their relentless campaigns for luxury.
More specifically, if ever you owned one of the three bags stated above, the resale value is at 86% for Chanel, 72% for Hermes and 70% for Louis Vuitton. Goyard bags stay atop the list as it tends to fetch a whopping 1.3 times the original value and the demand for pre-loved Goyards are always increasing over the last couple of years.
On the downside, bag brands such as Balenciaga, Bottega Veneta, Fendi, Dior, Prada and Yves Saint Laurent are resold at less than half of what they originally cost in the market, making them more of a luxury than an investment.
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