How Designer Handbags Became a Top Luxury Investment

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Designer handbags, particularly from Hermes, Louis Vuitton and Chanel, have historically outperformed both gold and the S&P 500.

If you’re serious about investing in Chanel bags, knowing which styles will retain value over the years is beneficial.

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Designer handbags worth the investment, from Hermes to Chanel

The Vestiaire Collective has a launched a new app to help you figure out the price of designer goods on the second-hand market. Find out how it works!

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Double-digit prices hikes have reached the fashion industry. Luxury handbag collector Alyssa Lenore, 31, purchased a Chanel classic flap bag in May 2020 for $5,800. Later that month, the price jumped to around $6,300. Similar bags have jumped nearly 63% since 2019, but demand for these items continues. Watch the video to learn what's driving the rise in prices of these luxury handbags, and how it will impact Chanel.

Why it costs almost $10,000 to buy this popular Chanel bag