Handbags as an investment
Oct 15, 2024
Luxury handbags have become a notable investment class, particularly models from brands like Hermès, Chanel, and Louis Vuitton. Scarcity and exclusivity, especially with items like the Hermès Birkin and Kelly bags, drive demand, resulting in increased resale values. Over the last decade, the value of collectible handbags has surged by over 80%, outperforming traditional investments like gold and the S&P 500.
These handbags retain value exceptionally well, with limited editions and exotic materials seeing significant appreciation. The expansion of resale platforms has improved liquidity, making luxury handbags a more accessible and attractive alternative asset for investors. Their strong performance in both primary and secondary markets solidifies their status as a reliable investment option.
Luxury handbags from Hermès, Chanel, and Louis Vuitton are growing as an investment class.