Some vintage bags are also proving to be safer investments than stocks and shares because bags are the accessory that appreciate fastest. Vintage preloved handbags have risen in value by an average of 8% per year over the last decade and also outperformed the price of gold. Kerching.
The pull of a designer bag is legendary. There have been totes we’ve yearned for more than our sixth form crush. It’s totally legitimate to fall in love with an inanimate object, right? But even if you’re not about to pledge allegiance to a handbag, you’ve got to admit there is magic in a designer bag in the way that clothes can’t quite incite.
If you’re searching for a little something to treat yourself to, post lockdown (or even as something to make your house-bound hours more exciting) there’s nothing better than a new bag to beat the blues. Except it doesn’t have to be new. Resale sites are one of the fashion industry’s fastest growing categories and a second-hand bag is a brilliant way to save money. As we all try to shop more consciously, its also a brilliant way to shop sustainably. There is nothing more sustainable that something already in existence.
Despite those figures, if you’re looking to get involved with your favourite brand, preloved is still the way you can do so, at a bargain price. Designer bags play on the brand’s style signatures, which can make them easy to fake but on closer inspection you’ll be able to see what is real or not. Check the hardware, leather, stitching, authenticity cards and serial numbers and ask the seller to provide more pictures or more detailed history.
Charlotte Staerck is co-founder and retail director of Handbag Clinic, which restores worn bags (everything from styles chewed by dogs or burned in fires) and also runs a resale platform. She advises, “Ask the year they bought their handbag and check the digits in the serial number correspond to the production year.
If it’s outside of that, it’s definitely a fake. The hardware colour should match the logo colour on the inside of the handbag. Also, quilted Chanel handbags have 10 stitches per inch. It can sometimes be ever so slightly outside of that, but never by much, so if you count seven stitches, you know it’s not authentic.”
These are our favourite sites to browse designer bag bargains:
vestiairecollective.com – The biggest hitter in the preloved market with thousands of new items listed every week. Charlie Collins, founder of creativewardrobe.co.uk has tips to get the best bargains, “Use the app to set up an alert on your favourite bag and try the offer system to float up to 30% off with the seller. The longer items are on the site, the more you will benefit from reductions so create a wishlist to track your favourite items.”
VC arrange pick ups and anonymous listings for the French Vogue team, apparently, and offer thorough authentication services before your purchases are sent to you.
handbagclinic.co.uk – All of the bags here will have had a vigorous zhuzh at the in-house restoration clinic before going on sale to ensure they completely pristine. You could find bargains with up to 83% off. Charlotte Staerck also revealed that the original Prada Nylon bags are in demand. “We sell vintage 90’s small nylon Prada bags for around £150 – £350.” We’ll race you…
xupes.com – Founded almost a decade ago, and originally specialising in watches and jewellery, xupes.com have been selling bags since 2015 and date them all to the year of manufacture. At the time of writing there was a denim Dior saddle bag on the site for £299…
farfetch.com – As well as collating the coolest independent boutiques around the world, FarFetch.com also launched a resale channel last year, where verified designer bags from a handful of major names are up for sale online. Sellers get store credit and you get to save a bag from landfill. Win win.
bagista.co.uk – Specialising in designer bags, this is the site to browse if you’re a bargain bagaholic. In season finds are listed with their current selling price point, so you can see how much of a discount you could score.
uk.designerexchange.com – With discounts of up to 85% this site has over 100 designer brands and more than 5000 items for sale but they also have bricks and mortar stores around the UK (although currently closed die to Covid-19) which you can visit for an IRL encounter with any potential purchase.