How To Choose A Designer Bag And What Is Its Real Value
One of the things I keep telling to Massimo is:
” We should invest in Chanel bags, their price increases every year and if we want to resell them we can make great money“.
There is a lot of truth in this sentence, as well as a BIG LIE. If it’s true that you can resell your designer bag and you probably make good money from the sale, fact is that the only thought of giving away my bags caused me a heart attack! But I hope my husband will never read this post so I could keep using the words great investment as my leverage number one to convince him to buy a designer bag.
I recently took part of a masterclass organised by The Luxury Closet, the n.1 website for preloved goods in Middle East. If you are based in Europe, you are probably more familiar with Vestiaire. They basically work at the same way.
The seminary was held by Elisabeth Bohler, luxury expert at The Luxury Closet. It was really interesting. Elisabeth showed us which are the luxury products that it’s easier to resell as well as those where you can get the highest revenue from.
Chanel and Louis Vuitton are at the first place.
However there are many factors that affect the value of a designer bag. It’s not only about the brand, but also about the market demand, the condition of the bag and accessibility (if you own a bag that it’s hard to find in the market you can definitely sell it at a higher price).
When I came back home from the masterclass I looked at my designer bag collection and I thought:
“What makes me buy a designer bag?
How do I choose a particular designer bag?”
I’m pretty sure that there are thousand of articles on the web, all telling you that you should give a preference to classic styles that have been on demand for years now and they will probably never be out of fashion.
I do agree with the fact that when you are spending such a big amount of money on a bag you should avoid to buy a style that it’s too much “trendy”. Imagine to spend $$$ for an accessory that you are going to wear for a season only. So, most of the time, a black “oldfashion” style is the safer choice.
However, I don’t think you can follow this rule every single time you want to splurge on a new purchase. Questions I always ask to myself when I’m ready to buy a new bag are:
-Do I really like this bag?
-Does it go with my style?
-Would I be able to wear it with most of my wardrobe?
As you probably know, I have a quite colourful way to dress. I rarely wear black, which is not my favourite colour. And this personality of mine reflects on the way I choose my accessories. I always repeat to myself that I need one black bag that can go with everything but when it’s time for a new purchase what do I end to buy? Something colorful!
When I first started to build up my designer bag collection I felt a bit guilty for all these bags that were anything but basic. I was worried that I might become bored quickly but the truth is that even after years I still love every single bag that is in my closet and, most important, I still wear each of them on a regular base.
“For me it’s easier to style a pink bag rather than a black one.”
So I think that the best tip is to follow your gut. You know what really works for you and what matches your style. You are going to spend a lot of money, so make them worth wearing your new bag as much as possible.
Probably none of us buys a new bag with the intention to resell it right after. But either you wanna keep it forever or you decide to apart from it, be sure to follow the care instructions. Keep the bag inside its dust bag, keep all the authentication cards and box if the bag comes in a box. You might also want to invest in a leather protector spray if you want to keep your bag in the tip-top condition. All these measures will be very helpful to get the highest revenue from the sale of your bag, once you will decide to go down this road.
THE LUXURY CLOSET
Few words about The Luxuruy Closet. If I don’t have problems to buy online, I’m always suspicious when it comes to preloved items. I might have problem to trust a buyer who sells preloved H&M T-shirt, imagine if we talk about luxury! Even because, preloved bags are definitely cheaper but we are still talking about taking a lot of money out of the pocket.
Last month I had the chance to shoot some contents with The Luxury Closet. In that occasion the team brought a wide selection of designer bags. They had to tell me twice that those bags were preloved goods.They were in perfect conditions, most of them they were almost new. I can’t talk for other websites, but The Luxury Closet impressed me a lot. It must be also said that luxury items are pretty popular in Middle East and there is a higher percentage of wealthy people who have a strong purchase power. It’s not unusual that women buy new bags to wear them only for a couple of time before to decide to give them away. Bags that are basically new.
This helps The Luxury Closet to keep the standard of the quality very high, as well as an in-house department exclusively dedicated to verify the authenticity of the items sold on the website.
The Chanel Boy bag here above is from The Luxury Closet. As you see, it’s in perfect conditions!