Connacht Tribune

How to spot a fake designer handbag

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Angelina Jolie wearing a Louis Vuitton.

Health, Beauty and Lifestyle with Denise McNamara

The pandemic fuelled the sales of loungewear, face coverings and – of all things – designer bags. The impact of Covid-19 led to some of the luckier people who did not lose their jobs to look to alternative ways to invest their money.

In the past 12 months, designer bags have outranked art in terms of investment – the iconic Hermes Birkin increased in value faster than property. Hermès bag sales are up by 60% and the resale value of the Louis Vuitton Eva bag has doubled in that period.

The number of Instagram accounts dedicated to the resale of designer goods have soared.

Stylist Alice Reed at BrandRated says it’s important that you invest in a piece that you love. But it’s also essential to invest in a piece that holds its value.

Consider how many pieces were made – mass produced products will always devalue quicker than exclusive, limited-edition pieces.

Designers that are sold in a limited number of outlets are more likely to hold their value over those sold across an array of stores.

Classic, timeless pieces will hold their value over those that are trend-led.

For more, read this week’s Connacht Tribune.

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