Looking for the perfect handbag investment? Look no further. Based on the latest data, we have curated a collection of the best handbags that will make a lasting impression. From timeless classics to statement pieces, our handpicked selection will surely cater to your discerning taste. With the global market for designer handbags projected to reach $100 billion by 2027, the appetite for luxury collectibles shows no signs of waning. Designer handbags from brands like Hermès, Chanel, and Louis Vuitton have historically outperformed traditional investments such as gold and the S&P 500.
Guided by the insightful findings of the 2023 Clair Report by Rebag—a comprehensive analysis leveraging millions of data points on luxury resale values—we unveil the 25 best designer bags that promise to elevate your wardrobe and enhance your financial portfolio.
Whether you're drawn to a Birkin's timeless elegance or a Telfar bag's modern chic, our curated list will guide you through the most investment-worthy designer bags of 2024, ensuring that your next luxury purchase is stylish, timeless, and smart.
1. Telfar Shopping Tote
Notably, Telfar, recognized as the top-performing brand the 2022 according to Rebag, continues to impress, achieving a remarkable 228% average value retention in 2023 Clair Report and once again earning the “off the charts” descriptor. Dubbed as the hottest bag with limited purchase windows, it's a must-have for both collectors and trendsetters.
Average resale value retention: 228%
2. Louis Vuitton Neverfull Tote
A timeless classic that exudes elegance and practicality, the Louis Vuitton Neverfull Tote continues to be a favorite among luxury bag lovers. With an impressive average value retention of 130%, this iconic tote has proven its worth as a smart investment piece that marries functionality with high fashion.
Average resale value retention: 130%
3. Hermès Constance Bag
The Hèrmes Constance Bag is an exquisite crossbody, known for its distinctive H clasp, is more than just a fashion statement; it's a savvy investment with an average value retention of 128%. Its allure lies in its versatility and the prestige associated with the Hèrmes name.
Average resale value retention: 128%
4. Hermès Picotin Lock Bag
Another gem from the storied house of Hèrmes, the Picotin Lock Bag, draws inspiration from equestrian heritage, offering a unique blend of casual sophistication and luxury. Investors can take pride in its 120% average value retention, making it a chic and profitable addition to any high-end handbag collection
Average resale value retention: 120%
5. Fendi Mama Forever Bag
The Fendi Mama Forever Bag, a larger iteration of the iconic Baguette, stands out with its distinctive silhouette and the ability to hold 120% of its retail value on the resale market. This bag is not only a symbol of fashion-forward elegance but also a wise choice for those looking to invest in a piece with enduring appeal.
Average resale value retention: 120%
6. Chanel Deauville Tote
Chanel's Deauville Tote, with its laid-back yet luxurious vibe, is perfect for the fashionista on the go. Retaining an average of 115% of its value, this tote is a testament to Chanel's reputation for creating investment-worthy accessories that never go out of style. Its spacious design and chic aesthetic make it a must-have for any serious collector.
Average resale value retention: 115%
7. Hermès Kelly Bag
Hermès Kelly Bag is a standout choice with an average value retention of 113%. This iconic bag, named after Grace Kelly, is not only steeped in history but also offers practicality with its shoulder strap and enduring style. Its high-quality craftsmanship and materials ensure that it remains a coveted item on the resale market.
Average resale value retention: 113%
8. Fendi Baguette Bag
The Fendi Baguette Bag, with its 112% average value retention, is another wise investment. Known for its iconic status and association with the label's Zucca canvas, the Baguette has proven to be a promising luxury investment, especially in certain variants that carry even higher resale values.
Average. resale value retention: 112%
9. Hermès Evelyne Bag Gen III
For those looking for a more understated luxury, the Hermès Evelyne Bag Gen III is an excellent option, also boasting a 112% average value retention. Originally designed for equestrian purposes, this bag has evolved into a fashionable and functional accessory with a strong resale market.
Average resale value retention: 112%
10. Chanel 22 Chain Hobo
Chanel's 22 Chain Hobo is not far behind, with an average value retention of 110%. Chanel's reputation for timeless elegance and the brand's consistent appreciation make their handbags, including the 22 Chain Hobo, a reliable financial asset.
Average resale value retention: 110%
11. Hermès Birkin Bag
Hermès Birkin Bag is synonymous with exclusivity and luxury, making it a perennial favorite among celebrities, luxury good collectors and fashion enthusiasts alike. Its durability and the prestige of the Hermès brand contribute to its unwavering demand and value retention.
Average resale value retention: 110%
12. Chanel Coco Top Handle Two-way Bag
For those looking to invest in a timeless piece, the Chanel Coco Top Handle Bag is an exquisite choice. With an average value retention of 107%, this chic accessory has proven its worth since its debut in 2015. Its classic design and high demand in the luxury market make it not just a fashion statement but a smart financial decision for 2024.
Average resale value retention: 107%
13. Hermès Lindy Bag
The Hermès Lindy Bag is another stellar investment for the upcoming year, boasting an average value retention of 105%. This stylish and versatile bag reflects Hermès' unique design combines elegance with practicality, making it a must-have for collectors and fashion enthusiasts alike.
Average resale value retention: 105%
14. Louis Vuitton Pochette Accessories
With a 102% average value retention, the Louis Vuitton Pochette Accessories is a savvy investment for 2024. This iconic piece is not only a staple in the world of luxury fashion but also holds its value exceptionally well over time. Its versatility and enduring popularity make it a wise choice for anyone looking to add a touch of Louis Vuitton's timeless elegance to their collection.
Average resale value retention: 102%
15. Louis Vuitton Felicie Pochette
The Felicie Pochette by Louis Vuitton, a compact and chic wallet-on-chain style released in 2015, has proven its worth in the luxury resale market. With an average value retention of 100%, this small yet elegant accessory, complete with its signature Bijou chain, is a testament to the enduring allure of Louis Vuitton's craftsmanship.
Average resale value retention: 100%
16. Chanel Classic Single Flap Bag
A paragon of luxury, the Chanel Classic Single Flap Bag is an investment that continues to pay dividends. With an average value retention of 99%, this iconic piece is a staple in the world of high fashion. Its price has soared over the years, reflecting its exclusivity and the brand's commitment to quality and French design.
Average resale value retention: 99%
17. Prada Triangle Logo In Rafta Open Tote
Prada's Triangle Logo Open Tote stands out as a smart investment for those with an eye for both fashion and finance. This 'It' bag of the summer retains an impressive 98% of its original value, making it a standout choice for anyone looking to combine practicality with the prestige of the Prada name.
Average resale value retention: 98%
18. Louis Vuitton: OnTheGo Tote
The Louis Vuitton OnTheGo Tote is another stellar performer in the resale arena, maintaining an average value retention of 98%. This tote exemplifies the brand's ability to blend functional design with timeless elegance, ensuring that it remains a sought-after piece among collectors and fashion aficionados.
Average resale value retention: 98%
19. Celine: Ava Bag
With an average value retention of 95%, the Celine Ava Bag is a must-have for any savvy investor's 2024 wardrobe. This crescent-shaped beauty, reminiscent of the iconic Gucci half-moon mini, is not only a style statement but also a wise financial choice. Its versatility in materials, from sleek black leather to monogrammed canvas, ensures that it fits seamlessly under the arm of any fashion-forward individual looking for both elegance and investment potential.
Average resale value retention: 95%
20. Hèrmes: Herbag Zip
The Hermès Herbag Zip, with its average value retention of 95%, stands out as a practical yet chic option for those looking to invest in 2024. Crafted from heavy structured canvas and Hunter cowhide, this bag offers durability and an understated sense of luxury. Discontinued in the early 2000s and reintroduced with a fresh design, the Herbag Zip has proven its staying power and investment worthiness in the ever-changing world of high fashion.
Average resale value retention: 95%
21. Chanel: 19 Flap Bag
Chanel's 19 Flap Bag is a contemporary classic that boasts an impressive 94% average value retention. This quilted leather medium-sized marvel is a testament to Chanel's enduring craftsmanship and style. With its ability to surpass its retail value on the secondary market, the Chanel 19 Flap Bag is a sophisticated investment for those looking to add a touch of modern luxury to their collection in 2024.
Average resale value retention: 94%
22.Louis Vuitton: Speedy Bandoulière Bag
The Louis Vuitton Speedy Bandoulière Bag is an iconic piece that commands an average value retention of 93%. This messenger bag, part of Louis Vuitton's storied history, continues to be a favorite among luxury enthusiasts. Its consistent demand and ability to retain a significant portion of its original retail value make it a smart addition for anyone considering designer bag investments in the coming year.
Average resale value retention: 93%
23. Hermès: Garden Party Tote
The Hermès Garden Party Tote is synonymous with timeless elegance and exceptional quality. Known for its durability and classic design, it boasts an average value retention of 93%. This tote is not only a versatile accessory for any occasion but also a wise addition to any investment portfolio.
Average resale value retention: 93%
24. Loewe: Basket Tote
Craftsmanship and practicality meet in the Loewe Basket Tote, which has seen a steady rise in popularity. With an average value retention of 92%, this chic and functional tote is perfect for those who appreciate understated luxury and are looking for a bag that holds its value over time.
Average resale value retention: 92%
25. Prada: Re-Edition 2000 Hobo
The Prada Re-Edition 2000 Hobo is a blast from the past that has retained its allure in the modern-day. As one of the most searched styles on resale platforms, it maintains an average value retention of 92%, making it a savvy investment for lovers of vintage-inspired fashion.
Average resale value retention: 92%
FAQ: Investing in Designer Bags
What makes designer bags a good investment?
Answer: Designer bags can be a good investment for several reasons. High-quality materials and craftsmanship ensure longevity, while brand reputation and timeless designs can lead to value appreciation over time. Limited editions or iconic pieces may become collectible items and fetch a higher resale value.
Which designer bags should I consider investing in?
Answer: Consider investing in well-established luxury brands known for their iconic and classic designs, such as the Chanel Classic Flap, Hermès Birkin, or Louis Vuitton Speedy. Bags from these brands often retain or increase in value due to their timeless appeal and brand cachet.
How do I choose the right designer bag to invest in?
Answer: Choosing the right designer bag to invest in involves research. Look for timeless styles with a stable resale market, select neutral colors that can withstand changing trends, and opt for bags in excellent condition. Monitoring the fashion market for upcoming trends and potential classics is also advisable.
Where is the best place to buy an investment-worthy designer bag?
Answer: The best places to buy investment-worthy designer bags are official brand boutiques, authorized retailers, and reputable luxury consignment stores that guarantee authenticity. Be cautious of counterfeits, especially when shopping online or in secondhand markets.
How do I maintain the value of my designer bag?
Answer: Maintain the value of your designer bag by taking proper care of it. Store it in a dust bag when not in use, keep it away from direct sunlight, avoid overstuffing, and clean it regularly using appropriate methods for its material. Please keep all original packaging and documentation, as these can increase its resale value.
Is it better to invest in new or pre-owned designer bags?
Answer: Both new and pre-owned designer bags can be good investments. A new bag may offer the assurance of condition and provenance, while a pre-owned bag might come at a lower entry price and could be appreciated if it becomes more sought-after in the secondary market.
Can you predict which designer bags will increase in value?
Answer: It's difficult to predict which designer bags will increase in value, but historically, bags from legacy brands with a long demand history tend to appreciate. Pay attention to fashion industry reports and auction results for indications of which bags are gaining popularity among collectors and investors.
When is the best time to sell an investment designer bag?
Answer: The best time to sell an investment designer bag is typically when market demand is high and supply is low. This could be influenced by various factors, including the discontinuation of a particular model, an increase in brand popularity, or shifts in fashion trends favouring the style of your bag.
