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Whether you grew up longing for a Louis Vuitton Speedy or have forever idolized Gucci and Chanel, the best luxury purse brands never fail in the arm candy department. Although the investment can be steep, the bestselling designer purses from the most iconic labels carry their value over time, meaning you own a piece of history. Additionally, there is plenty of data to help you decide how to shop for a designer handbag and if the item you’re eyeing is actually worth the investment.
For instance, look at The RealReal’s 2023 Luxury Consignment Report. While the higher end of luxury is and will always be a booming business, according to The RealReal’s report, shopping for or trading in designer bags looks a little different this year. “Instead of investing in ultra-luxury classics, many consumers are looking for more affordable, trendier styles from Bottega Veneta, Prada, Miu Miu, Dior, Burberry, and Valentino,” the report states. But not only is the aspirational ‘It’ bag shifting downmarket, but also fair condition bags are on the rise. “Cost-conscious shoppers are gravitating…
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