For some, a handbag is a better investment than gold or art. Iconic brands like Hermès and Chanel have historically seen double-digit annual price increases, making them attractive to financial collectors. : Over the last decade, the Hermès Kelly Go to product viewer dialog for this item. Chanel Classic Flap Go to product viewer dialog for this item.

Younger shoppers are now the primary engine of the luxury handbag market. According to Christie's , nearly .

The purchase of a designer bag is often deeply tied to personal identity and social signaling. Can Luxury Bags Be Smart Investments? | BoF

, which often sell for significantly above retail in the secondary market. 2. The Financial Strategists: Investors