Prada, Chanel and Rolex

Jewelry and watches have a long tradition as investments. Recently, designer fashion, luxury handbags and other high-quality accessories have also enjoyed a considerable increase in value.

Investments can also be colorful and varied. Designer fashion and accessories from brands such as Prada, Chanel and Rolex can appreciate in value. Like works of art, old wines and luxury cars, high-quality wristwatches from Rolex, Cartier or Breitling are now also among the classics among the beautiful things with an increase in value. But now second-hand clothes and handbags are also said to enjoy rising values. What's the story behind brand-name fashion as an investment?

Fashion as an investment - serious investment or just a fashion trend?

In general, second-hand clothing is regarded as a low-priced alternative to new purchases. For a long time, this principle also applied to high-quality second-hand brand fashion. But this rule no longer applies, because as-new and worn clothing from well-known fashion labels such as Hermès, Miu Miu or Gucci are now far from being a low-priced alternative. Rather, particularly sought-after pieces fetch high prices in stores that specialize in luxury vintage fashion, such as the online platform rebelle.com.

Individual pieces from the designs of renowned fashion brands such as Dior or Chanel are considered special works of commercial art and are traded at relatively high prices. Like the prices for classic models, which are still produced in small editions, these usually amount to 50 to 70% of the current new price for comparable models.

An increase in value is possible for older models compared to the former new price, which is significantly lower than the current price for comparable fashions due to the rate of price increases. However, the return on investment is low. Alike from radin shares of this companies. You can check how long does exness withdrawal take here. Moreover, demand cannot be generalized to specific brands, but always refers to individual pieces. Most models therefore do not meet the requirements of a safe investment.

Prominence increases the value

An investment in used fashion and accessories also comes with the risk that current trends can change. Interest in models that are in demand today can wane in two years, with the result that prices drop massively and the investment becomes a losing proposition. The situation is different for used pieces from prominent ownership.

Fashion, accessories and jewelry have good prospects of increasing in value if they were once owned by famous people. Used objects that once belonged to famous actresses, musicians or the high nobility regularly fetch top prices at auctions held by London fashion expert Kerry Taylor. Lady Di's bridal shoes, for example, were auctioned there for 30,000 pounds.

Collecting handbags at a profit

Handbags are a weakness of many women. And since it is often difficult to part with a beloved piece, some ladies accumulate a noteworthy collection over the years. However, the likelihood that an everyday handbag will increase in value is slim even if it is a high-quality branded item.

However, if the collection consists of the sought-after models of the trendy traditional brands, their value can skyrocket to unexpected heights. While the prices for used designer clothes depend on a mint condition, a Birkin bag by Hermès may well show signs of use. Its price can still exceed the new price of this bag model. It-bags, i.e. luxury handbags that are already more than twenty years old, such as the Flap Bag by Chanel or individual models by Louis Vuitton, are indeed offered second-hand at a lower price than new examples. Due to their age, however, their current price significantly exceeds the original purchase price.

Conclusion:

    Fashion and accessories are comparable to works of art as an investment.
    The attraction of an investment in fashion and accessories is also the possession of beautiful things.
    Single pieces can achieve high prices in auctions and specialized stores.
    Limited series have the prospect of an increase in value.
    Used fashion classics can fetch higher prices when in mint condition.
    It is difficult to predict which trend will last.