6 designer bags that are 'actually worth the money'—and ones you may 'regret' buying: Shopping expert (2024)

It's time to start treating handbags like a legitimate investment.

In 2020, the investment potential of handbags outpaced rare artwork, cars and whiskey, according to Art Market Research. By 2027, the market is expected to reach $100 billion, compared to today's $72 billion.

As the founder of Rebag, a designer handbag resale site, I've kept a close eye on the resale valueof sought-after luxury goods.

Based on our proprietary pricing tool, which uses millions of data points on primary and secondary market pricing and demand, here are six designer handbags that are actually worth the money — and the ones you may regret buying:

1. Telfar bags

Telfar Shopping Bag

Photo: Rebag

Thanks to high demand, limited drops and celebrity fans like Dua Lipa, Oprah Winfrey and Beyoncé, Telfar bags have an average value retention of 195%, meaning that they appreciate to nearly twice as much as their original retail price.

That's well above other major designer names — like Chanel, for example, which boasts an average value retention of 87%.

Founded in 2005 by Telfar Clemens, any model of the Telfar Shopping Bag, especially the Ugg, Eastpak and Moose Knuckles collaborations, will earn at least its retail value at resale.

2. Hermès bags

Hermès Birkin Sellier

Photo: Rebag

Like Telfar, Hermès is a designer "unicorn." On average, the brand's products retain their initial retail value and are worth more on the resale market.

The French luxury brand has an average value retention of 103%. The Birkin and Kelly bags — named after Jane Birkin and Grace Kelly — do especially well at resale because they are two of Hermès' marquee items.

Birkins have an average value retention of 96%, while the Kelly averages 108%. The rare Birkin Sellier has an especially high average value retention of 226%.

3. Louis Vuitton bags

Louis Vuitton x NBA Ball in Basket Bag

Photo: Rebag

Another designer "unicorn," Louis Vuitton boasts some impressive resale values, especially on their short-release styles.

For example, the Nigo Keepall Bandoulière bag has a 119% average value retention, while the Louis Vuitton x NBA Ball in Basket Bag has a 147% average value retention.

The brand's average retention value at resale is 92%.

4. Chanel bags

Chanel Deauville Tote

Photo: Rebag

The resale value of Chanel bags climbed with its primary market price increases. Up 12 percentage points from 2021, the brand's average value retention is 87%, although several bags exceed 100%.

Chanel's Deauville Tote and Grand Shopping Tote are among the highest-value bags, retaining an average of 112% and 110%, respectively, of their values on the secondary market.

5. Mini editions

Louis Vuitton Mini Speedy

Photo: Rebag

Mini editions are excellent investments because they are produced in smaller quantities and have high demand, often driving their secondary market values up.

For example, the Louis Vuitton Speedy Mini HL Handbag retains 201% of its value at resale, while a vintage Fendi Micro Baguette keeps 149% of its retail value on the secondary market.

6. Collaborations

Dior Daniel Arsham Double Zip Crossbody Pouch

Photo: Rebag

Collaborations are excellent investments because they're limited editions that often sell out.

The Balenciaga and Gucci Hacker Project tote has a 122% average value retention, while The Hacker Project camera bag holds 116% of its initial retail value at resale.

Artist Daniel Arsham's Dior collaboration also performs well, with its double-zip crossbody pouch keeping 139% of its retail value on the secondary market.

Not all designer handbags are good investments

Handbags that are too trendy often fall out of fashion within a few years, and therefore don't hold much value on the secondary market.

Of course, there are a few exceptions: A bag may unexpectedly come back in style, increasing its average retention value, like in the case of the Dior Saddle, Balenciaga City and Fendi Baguette.

Consumers should also be wary of styles with a large supply and low demand, like the Louis Vuitton Alma, which only carries an average retention value of 67%.

Other handbag styles that typically don't have a high investment value include the Chanel Tricolor Classic Double Flap bag, whose average retention value is only 38%, and the Prada Double Zip Lux Tote, which only yields 35% of its original value at resale.

Charles Gorrais the founder and CEO of Rebag. Previously, he worked at Rent The Runway, Goldman Sachs and TPG Capital. He earned an MBA from Harvard Business School in 2014 and a master in management from HEC-Paris in 2007.

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As the founder of Rebag, a leading designer handbag resale site, I bring to you a wealth of knowledge and expertise in the dynamic world of luxury handbag investments. My experience is rooted in a keen understanding of market trends, pricing dynamics, and demand fluctuations within the realm of sought-after designer accessories. Having worked at Rent The Runway, Goldman Sachs, and TPG Capital, and earning an MBA from Harvard Business School in 2014, I possess a strategic and analytical approach to evaluating the investment potential of handbags.

Now, let's delve into the key concepts and insights from the article:

  1. Investment Potential of Handbags:

    • In 2020, handbags demonstrated superior investment potential compared to rare artwork, cars, and whiskey, as reported by Art Market Research.
    • The handbag market is anticipated to reach $100 billion by 2027, surpassing the current valuation of $72 billion.
  2. Rebag's Proprietary Pricing Tool:

    • Rebag utilizes a proprietary pricing tool that incorporates millions of data points on primary and secondary market pricing and demand.
    • This tool aids in identifying designer handbags that offer significant value retention.
  3. Designer Handbags Worth the Money:

    • Telfar bags: Telfar bags, particularly the Telfar Shopping Bag, exhibit an impressive average value retention of 195%, surpassing other major designer names.
    • Hermès bags: Hermès products, including the iconic Birkin and Kelly bags, boast an average value retention of 103%, with the rare Birkin Sellier reaching 226%.
    • Louis Vuitton bags: Louis Vuitton demonstrates high resale values, with certain styles like the Nigo Keepall Bandoulière and Louis Vuitton x NBA Ball in Basket Bag exceeding 100% average value retention.
    • Chanel bags: Chanel bags have an average value retention of 87%, with specific models like the Deauville Tote and Grand Shopping Tote retaining over 110% of their values on the secondary market.
    • Mini editions: Mini editions, produced in smaller quantities, are considered excellent investments due to high demand, with examples like the Louis Vuitton Speedy Mini HL Handbag retaining 201% of its value at resale.
    • Collaborations: Limited edition collaborations, such as the Balenciaga and Gucci Hacker Project tote, showcase average value retentions of 122%, emphasizing their investment potential.
  4. Handbags to Approach with Caution:

    • Handbags that are too trendy may fall out of fashion quickly, impacting their resale value.
    • Styles with a large supply and low demand, such as the Louis Vuitton Alma, may have a lower average retention value (67% in this case).
    • Certain styles, like the Chanel Tricolor Classic Double Flap bag and the Prada Double Zip Lux Tote, may have lower average retention values (38% and 35%, respectively).
  5. Founder's Background:

    • Charles Gorra, the founder and CEO of Rebag, brings a diverse professional background with experience at Rent The Runway, Goldman Sachs, and TPG Capital. His educational credentials include an MBA from Harvard Business School (2014) and a master's in management from HEC-Paris (2007).

In conclusion, the handbag market's investment potential is thriving, and discerning investors can leverage data-driven insights to make informed decisions, especially with the guidance of platforms like Rebag.

6 designer bags that are 'actually worth the money'—and ones you may 'regret' buying: Shopping expert (2024)
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