Agenda-setting intelligence, analysis and advice for the global fashion community.

Can Luxury Bags Be Smart Investments?

As top luxury labels raise prices and tighten distribution, designer bags are garnering higher prices at resale, with some styles from coveted brands retaining a significant portion of their retail value long after purchase.

Two hands holding handbags by Louis Vuitton, Hermes and Saint Laurent. — As top luxury labels raise prices and tighten distribution, designer bags are garnering higher prices at resale. (The RealReal)

Tamison O'Connor

23 August 2022

When Meg Randell started her career as an auctioneer a decade ago, many of the clients she met with were used to selling traditional assets like old paintings or antique ceramics, and never thought the bags sitting in their closets could prove as valuable.

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