The philosophy of buying less, choosing wisely, and making it last will last you a long whine in fashion. This definition revolves around prioritizing quality over quantity. Quality, longevity, and craftsmanship are essential, but an item’s ability to withstand the test of time, as well as its rarity, may play a role in its investment value. Considering these, there are BritainReviews you can check on these brands to know the best for you.
Here are some of the best luxury brands to invest in:
1. Chanel
Chanel is a luxury brand that everyone is familiar with. They’re not only known for their incredible bags, but they also make a decent line of perfumes. The 2.55 Chanel bag was first launched in 1955, and it cost £230.
The Chanel Medium Classic Flap Bag was reintroduced in 1999, but with a new name: The Chanel Medium Classic Flap Bag. The sellers resold this bag for £1150. This bag is now worth more than £5400 in 2020. Between 2010 and 2015, the value of this one bag increased by 71.92 per cent.
Teenagers going on dates won’t mind going all out to get this piece with them; endeavour to go through the list of teenage dating websites in the UK and know more about fashion brands worth your money. If you’re purchasing a piece of clothing, a piece of custom jewellery, or a Chanel bag, their timeless quality is undeniable. This is evident in their resale values.
2. Rolex
The material used to make a watch can have a significant impact on its success or lack thereof. This is a consideration that many people consider before purchasing a watch. One of the critical reasons why Rolex watches are still so standard today is because of this. Rolex watches are made of the highest quality material, ensuring that they can last a lifetime and look nice for many more.
Rolex watches (that are well-maintained) have been shown to increase in value over time. In reality, the value of some Rolex watches purchased in the 1970s has risen from around £200 to more than £85,000. The Daytona’s Rolex is one of the most common watches on the market in the United Kingdom. It’s not only sophisticated but also trendy.
3. Yves Saint Laurent
Hedi Slimane was appointed as the creative director of Saint Laurent in 2010. Around the same time, the resale value of this high-end brand skyrocketed. And, in case you didn’t know, the creative director at the time can impact the resale value of a product.
Hedi Slimane improved the brand’s elegance and edginess. He also abbreviated Yves Saint Laurent’s name to Yves. Sales skyrocketed after Slimane took over the label, particularly in the ready-to-wear area. This was due to his ability to create a line of fresh yet well-tailored casual wear that was timeless and fashionable.
4. Cartier
Cartier is a watchmaking and jewellery company with headquarters in Paris known as a luxury brand worldwide. Cartier creates jewellery and watches for both men and women and fragrances, eyewear, and accessories. Their goods are now well-known around the world. Cartier currently operates over 200 stores in over 125 countries worldwide. They have an online shop as well. If you’re looking for a brand to invest in for 2020, Cartier is an excellent option.
5. Louis Vuitton
Louis Vuitton bags are ubiquitous. They’re not only beautiful, but they’re still timeless. If kept in good condition, a backpack can retain 80% of its original retail value. Louis Vuitton bags are exceptionally well-made and long-lasting, which is why the brand is expected to remain successful in the coming years.
The possession of high-end luxury brands denotes prestige, status, and influence. To display their riches, wealthy people often demand more luxury brands. The luxury market has exploded recently due to this, and we don’t expect that to change anytime soon.