Welcome to our list of The Best Luxury Brands To Buy In 2024!
Not all brands are equal, when it comes to investment bags some are better than others. So if you are looking to buy a luxury bag in 2024 here I’ll show you the best brands to buy from, considering the best resale values according to Rebag’s Clair Report.
So, without further ado here are The Best Luxury Brands To Buy In 2024:
1. Hermès
Hermes is a French luxury brand established in 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. From its beginnings in saddlery and fine equestrian leather goods, Hermes today is one of the most exclusive, high-end, luxury brands out there. A combination of rich heritage, exquisite craftsmanship, eye for detail and high levels of quality and professionalism through the entire manufacturing process gives Hermès a position of superiority in the very competitive world of luxury. Their most iconic designs are the Kelly and the Birkin bags. Hermès more than any other brand on this list has the exclusivity factor working for them.
Not selling a handbag to a paying costumer might seem weird, but this is what makes an Hermès bag so coveted. The most exclusive and sought-after bags in the world, Hermès bags hold in average 110% of their value at resale, nothing could be better for 2024!
2. Goyard
Established in the 1800’s Goyard is one of the oldest luxury brands in the world, and through its heritage and craftsmanship has remained a favorite of the rich and famous for almost 2 centuries. Goyard is not like the other luxury brands, they don’t advertise or speak to the media, they rely on their loyal customers and on the people that love their history and quality above all else. The brand only sells in a few retail locations around the world. The Goyardine print was designed in 1892, altogether hard-wearing, flexible and waterproof, the Goyardine proved to be a true technical revolution at a time when other trunk-makers were still using plain linen cloth.
Goyard’s most iconic bag is the St. Louis tote, a great alternative to the Neverfull this bag will be a staple in your wardrobe. Goyard bags hold in average over 100% of their value at resale, so they would be amazing choices for 2024!
3. Chanel
Chanel is the French luxury fashion brand we all know and love. It was founded on 1910 by Coco Chanel and today it focuses on woman’s high fashion, ready to wear clothes, luxury goods, perfumes, accessories and leather goods. Chanel is for sure one of the most luxurious and classic fashion houses of the world. Who hasn’t heard of the iconic Chanel n°5 perfume, the luxurious Chanel tweed jacket, or even the classic flap bag? Chanel handbags are the pinnacle of luxury fashion, and the classic flap, the 2.55, the boy and the Chanel 19 bags are their top sellers.
It seems that their strategy to decrease supply and increase desire for their bags is working so far. Chanel’s classic bags are now more expensive and more difficult to buy, which make them more coveted on the resale market, holding about 84% of their original value.
4. Louis Vuitton
Louis Vuitton is a French fashion house and luxury goods company founded in 1854 by Louis Vuitton. The brand relies on their heritage to make some of the best handbags out there. One thing that sets them apart from the rest is the fact that they have a price range that suits almost every pocket. They have pochettes selling for less than 1000 dollars but some of their Petit Malles are sold for more than $12,000.
Louis Vuitton bags are some of the most classic you will ever find. Holding about 83% of their value at resale their are amazing choices for 2024!
5. Saint Laurent
Founded in 1961, Yves Saint Laurent is one of the most prominent fashion houses of the 20th century. Originally a House of Haute Couture, Yves Saint Laurent revolutionized the way fashion and society merge and interact in 1966 with the introduction of high-end made clothes produced on a larger scale than the exclusive collections. The Maison was from the beginning revolutionary, and this spirit is a fundamental part of its DNA. Aside from their ready to wear line, Saint Laurent handbags are also their hallmark.
The Parisian maison is renowned for producing some of the most enduring silhouettes that can transform even the most casual of outfits, and the current creative director Anthony Vaccarrello continues to ensure that Saint Laurent bags retain their contemporary relevance. Saint Laurent bags keep about 70% of their value at resale.
6. Gucci
Gucci is a luxury fashion house based in Florence, Italy that was founded in 1921 by Guccio Gucci. Its product lines include handbags, ready-to-wear, footwear, accessories, makeup, fragrances, and home decoration. In recent years we have seen Gucci achieve spectacular growth by adopting an eclectic, youth-forward style, by expanding into relatively lower-priced items, like flip-flops, t-shirts and sneakers. Now under the creative direction of Sabato de Sarno the brand is presenting beautiful collection and some new bags that will be super popular in 2024!
Gucci bags hold about 64% of their value at resale.
7. Dior
Dior is a French luxury fashion house founded in 1946 by French fashion designer Christian Dior. This internationally renowned brand is known for its elegance and timeless femininity. From their ready-to-wear fashion, leather goods, accessories, or footwear, Dior changed the game forever. Bags like the Lady Dior and the Saddle will forever be classic icons of the brand. They will always be chic and amazing choices for 2024!
Dior bags sold in 2023 in the resale market for 63% of their original value in average.
8. Loewe
Loewe is one of the world’s oldest luxury houses, founded in 1846 in Spain, and today under the creative direction of Jonathan Anderson. The brand is defined by an obsessive focus on craft and unmatched expertise with leather, dating back to its beginnings as a leathermaking collective. In recent years we have seen their popularity grow exponentially. The new youthful and effortless cool vibe of the brand is what has been attracting the millennial and gen z crowd. But all that is still done with impeccable Spanish craftsmanship and materials.
Loewe bags hold in average 60% of their price at resale. Not bad at all for the new year.
9. Fendi
Adele and Edoardo Fendi founded the FENDI fashion house in Rome in 1925. In 1926, the first boutique in via del Plebiscito, which included a handbag store and a fur business, opened. Since then the brand has designed some of the most iconic and classic bags ever, like the Baguette and the Peekaboo. Fendi bags held in 2023 58% of their price at resale.
The brand offers iconic it bags that will always be stylish. You cannot go wrong with Fendi for 2024!
10. Prada
Prada is an Italian luxury fashion house that was founded in 1913 by Mario Prada. It specializes in leather handbags, travel accessories, shoes, ready-to-wear, perfumes and other accessories. The first Prada store was opened in 1913 in the prestigious Galleria Vittorio Emanuele II in Milan, where he sold precious bags, trunks and travel accessories. Prada is truly a family company, today the granddaughter of Mario Prada, Miuccia Prada is the creative director and together with her husband Patrizio Bertelli they lead this legacy company so that they always continue on the top!
In 2023 Prada bags sold on the resale market for about 57% of their original retail price. If you are looking for a minimalist iconic bag for the new year, Prada is the brand for you!
Hope you enjoyed The Best Luxury Brands To Buy In 2024! Finally, check out the Top 10 Investment Bags for 2024!
