have appreciated by approximately , respectively.
: Many Gen Z buyers view handbags as "passion assets"—items that provide emotional satisfaction but can be resold for a profit later. Archival Interest
Younger shoppers are now the primary engine of the luxury handbag market. According to Christie's , nearly .
: Serious buyers often skip the primary retail market entirely, using auction houses like Sotheby's or Christie's to acquire rare, one-of-a-kind pieces that are unavailable in boutiques. 3. The Status and Psychology-Driven Buyers
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.
, which often sell for significantly above retail in the secondary market. 2. The Financial Strategists: Investors