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Luxury bags They have surpassed other collectibles in recent years and look more and more as a potential investment category in the eyes of consumers and analysts, at least according to some recent reports.
For the first time, the value proposition of the designer bags of the best brands, such as Hermes, Chanel, Goyard and Louis Vuitton, are growing in all areas, a report from the luxury resale site Refund found last year.
“These trends indicate exciting investment opportunities both in equity and in the most attainable brands,” said the Rebag report.
The bags are among the least volatile of any collectible asset and offer a good risk versus reward, they have also proven to be a coverage that is worth it inflationAccording to a separate study of 2022 by Credit Suisse.
However, although some designer bags, particularly classic and sought -after styles, can maintain or even increase value over time, are not a traditional investment in the way in which real actions or goods are, according to experts.
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In the last two decades, luxury bags went from being an accessory to what is now “the only collection category focused on women”, according to a 2020 report by Art market research.
For women, however, the evolution of such expensive purchases has been more expensive has had a price, said Jasmine Tucker, a research vice president of the National Women’s Law Center.
“To seem in place, it must be seen in a certain way, and that cleaning can cost more for women, and are doing it with a lower salary,” Tucker said.
A Birkin Hermes bag in a window in a Kadewe department store in Berlin, Germany, on Friday, January 3, 2025.
Bloomberg | Bloomberg | Getty images
As for investments, only a few luxury bags win, instead of losing, value over time.
Historically, only the Hermes Birkin And the small group of other main designers bags has value retention rates about 90% or more, Rebag found.
Birkin’s bags, especially, have increased in value year after year, with an average annual value of 14.2% between 1980 and 2015, according to another study of Baghunter. The bags are currently sold for $ 9,000 and more, but they can resell for $ 30,000 or moreDepending on the size, color and condition.
Meanwhile, since the actions go up and down, the S&P 500 The index has an average annualized performance of about 10%.
A bag can be an ‘intelligent purchase’, not an ‘investment’
Framing a designer bag such as “investment” makes women a bad service, according to Carolyn McClanahanA certified financial planner and founder of Life Planning Partners in Jacksonville, Florida.
“It scares me when I see positions positioned as investments, it hits me in the wrong way,” McClanahan said.
“I am totally in favor of the people who buy beautiful things, but I would not call it an investment,” said McClanahan, who is also a member of CNBC Advisory Council.
“If you have a bag that you know you will keep forever, maybe that could be considered an intelligent purchase,” he said. “But you must still make sure you spend less than you do and save.”
At some point in their lives, most women will probably be alone and only in charge of their financesMcClanahan said, that makes it more imperative that women are planning and investing for the future.
