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Fashion’s Future at Auction Houses

Traditional auction houses like Christie’s, Sotheby’s and Philips — known for selling Warhols, Picassos and antiques — are using Birkins and Jordans to cultivate their next generation of collectors.
Auction houses are using streetwear and handbags to attract new consumers.
Auction houses are using streetwear and handbags to attract young consumers. (Instagram @SothebysStyle)

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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.

About the author
Joan Kennedy
Joan Kennedy

Joan Kennedy is Correspondent at The Business of Fashion. She is based in New York and covers beauty and marketing.

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