according to Thomas Kralow, founder of online learning platform for traders and investors University Grade Trading Education, the stock market has grown by 10 per cent in the last 10 years, and gold has soared by 21 per cent. But a Chanel bag? By 100 per cent.
the exclusive Hermès Birkin is forecasted to double in value in the next 10 years. but you don't need to start with the expensive (and hard to get) bags, here are a few more affordable options to consider.
the Louis Vuitton Neverfull launched in 2007 and comes in a wide range of materials, some limited editions and special artist collaborations. it retains at least 85% of its resale value, unless it's a rare limited-edition bag, which can see upward of double the resale value.
the Fendi Baguette also made its debut in 1997, and made its mark in popular culture as Carrie Bradshaw's go-to bag in Sex and The City. Its original price ranged from $1,000-$1,500, and Baguettes today range between $2,950-$3,750.
Chanel’s signature flap bags need no introduction and the French luxury house regularly increase the prices of some of its classic designs, including the flap bag which saw a retail price hike of over 11%.
from Miu Miu to Jacquemus, mini editions are excellent investments because they are produced in smaller quantities and have high demand, often driving their secondary market values up, according to the founder of Rebag.
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