Luxury bags offer returns of up to ten percent

2023-09-10 12:00:47

„Speedy“ by Louis Vuitton, „Kelly“ by Hermès with Louboutin-Pumps, „Birkin Bag“ by Hermès

Fashion lovers have been buying timeless original luxury bags since the 1990s.

(Photo: Imago, Rebelle, Hermes [M])

Paris, Frankfurt Handbags are more than just an item for transporting personal things. They are a piece of fashion and say something about the owner’s taste and often also about their wallet. High-quality models from the most sought-after brands can also serve as an investment. According to market experts, the demand for bags, especially from luxury suppliers such as Hermès, Chanel or Louis Vuitton, is increasingly exceeding the supply.

With a return of five to ten percent per year, the finest of these luxury bags play in the same league as stocks. The price of individual models has even tripled within ten years.

Since those interested in the classics from Hermès, for example, can hardly get their hands on them from the manufacturers, the market for well-preserved, used models is booming. What is important when buying a fine second-hand bag and what increase in value can be expected from models from Chanel and Co.

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