The Crypt

Discover The Crypt, Libas Collective’s journal on luxury fashion, trends, and sustainability – everything you need to know about conscious style.

Guide

The Best Designer Bags To Invest In and Make A Profit In 2023

A Roundup of the Top 3 Designer Bags to Invest In

Designer handbags have long stood the test of time! Add-on prestige, highly sought after, collectible assets, many of them pose as counted investments rather than fashion statements. So, what’s the hype? What’s making some items stand out as the best luxury handbags to invest in? Let’s take the upper hand, and then we’ll let you decide!

3 Reasons to Invest in Designer Handbags

Evermore Wardrobe

Investing in designer handbags is a thoughtful decision and ethical initiative. Depending on each bag’s material, it can last you a lifetime! So while you got your style locked, you’re also being environmentally friendly.

Designer Bags Hold Value in Resale

A designer handbag has matured into a worthwhile bet, and some might even say an investment as sound as a dollar! Investment returns for handbags are shooting up thanks to what is being referred to as the “luxury price boom”. Considering investing in a designer bag? You’re thinking right! You can resell your bag and even make a return on your investment! While people play stocks, you can play bags! Take into account the present market demand, the designer of the bag, market value, and whether there is a chance the bag could be resold in the future.

Investment Handbags and the Quality Factor

The quality of a luxury bag is just one of several factors that make it worthwhile. The quality and craftsmanship of a designer handbag will always be incomparable. Also, so many people who purchase a designer handbag seem to enjoy the status that comes with it, as it complements their self-esteem or satiates certain desires.

The Top 3 Designer Bags Worth Investing In

Many luxury bags have made their mark on the It-bag fashion scene with looks that have since become timeless! Here’s our pick.

Chanel Bag as Investment

The value of preloved Chanel bags has increased by 7% – surpassing both Louis Vuitton and Christian Louboutin. Let alone that the brand grabbed the headlines for raising the Chanel Boy bag’s retail price by 15% in the past year.
The Boy Bag is among the best Chanel bags to invest in. It’s a smart win for all you fashion-conscious activists, whether for securing status or nailing a future resale income to turn to. On top of that, you’re never going out of style!

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