Are you a handbags lover, and you would like to have a luxury one? If you are a fashion enthusiast, this is probably the case. Why? Because you know the importance of a perfect bag in our day-to-day life and that is essential to our outfits. Bags are not only useful items. They are also perfect and complement any style if you know how to choose the right one. However, you have most likely wondered how much does a luxury handbag cost? The truth is that getting a luxury handbag is expensive, and although surely everyone knows this, many people don´t know exactly why. But don´t worry, we´ll explain the reason here. Are you ready? Make yourself comfortable, because today you will learn about the prices of luxury handbags.
Why luxury bags are so expensive?
The cost of luxury handbags is very high, but collectors and fashionistas pay their prices. If it´s something that is within their possibilities, of course. But why? That's because the most coveted brands make works of art, they make more than just a handbag. When those brands create such beautifully crafted masterpieces, they expect a multimillion-dollar industry of copycats to reproduce them for less. But wait, before explaining why luxury handbags are so expensive, we must first clarify that it´s not just one, but several reasons. Below we´ll list the reasons why a luxury handbag is so expensive. That way, when you ask yourself how much does a luxury handbag cost? Not only will you know their cost. You will also know why without missing any details.
Because the value may increase if the designer is from another country
If you know big brands like Chanel, Gucci, and Louis Vuitton, you´re aware that their products are more expensive when imported. For this reason, on many occasions, the bags' prices can increase when the designers are foreigners. For example, this is the case with the ANSCEL handbag brand. While still an emerging brand, their bags are of unsurpassed quality. However, the bags are made in Canada, as the brand belongs to Korean designer Cecilia Cho, who currently lives in Canada. If you ever want to buy one of their bags, but you are in another country, it´s most likely that their prices are higher. But don't worry, it will be worth it because these are luxurious bags of excellent quality and design.
Because they are handicraft pieces
Did you know that most luxury bags are handmade by skilled artisans? You must look closely at them. So, you can see that each stitch is perfectly handcrafted. As a result, the bag's quality is so good that it lasts a lifetime. They make the look and feel of these pieces wonderful, and they´re what allows artists´ designs to be praised. Although the price of luxury bags is expensive, rest assured, they are worth every penny.
Because they are exclusive
As you can see, if most luxury handbags are handmade, it´s impossible to make them in a mass-produced parts factory. Ergo, there is exclusivity. These bags are mostly limited editions. If you have one of them, you´re part of that percentage of the population that owns an exclusive luxury bag from a brand. In addition, the old economic concept of supply and demand also influences the skyrocketing prices. The demand for luxury handbags is often so high that, sometimes, people will remain on waiting lists for years. Many even pay the price in advance before their bag is ready to be shipped.
Because it is an investment
Remember we mentioned that designers don't just create bags but works of art? And like when you buy a piece of art, you are investing, not just paying the cost of something. Therefore, it is usual for collectors to buy luxury bags for this reason. They buy them to sell later when the price has tripled. In that way, for some collectors, their massive possessions represent a savings account for the future. In most cases, for them, luxury handbags are a better investment than gold, and their value increases more rapidly due to the high demand for these luxury items.
Because of the quality material
Did you know you can differentiate an original luxury bag from an imitation just by its weight? That's how it is. And that's because the leather used to make bags is often of the best quality. In addition, the padlocks, chains, and other metallic details of luxury bags are also often plated in real precious metal. Like gold, pure silver, and sometimes even some may be encrusted with diamonds. These valuable materials make the product much more valuable.
Why are designers handbag so expensive?
The answer to this question is also the reasons that we previously showed you. The sum of imports, exquisite craftsmanship, high-quality materials, limited editions, and brand history sort out the price of these products. If you consider the collectors market and the extremely high demand, worthy of a waiting list, you´ll have a product that often increases in value in the future. Also, if you have a collection of luxury handbags, it is key to understand their value and quality. So, designer bags are expensive because, in addition to the popularity, the materials, and the techniques they use, you could not find them in cheaper bags.
It´s also important to remember that one of the reasons why designer bags are so expensive is because luxury brands take care of all the details. This is also the case with the emerging brand ANSCEL, a brand of bags designed by Cecilia Cho. A Korean designer in Canada, who takes care of even the smallest detail in her designs. She is the perfect example that Korean fashion is quality and luxurious and that the price will always be worth it.
Why do designer bags cost so much?
Designers create pieces that are made to last. In addition, they are classic and modern. Are they expensive? Yes, but they can last a lifetime. And if you choose the appropriate model and the appropriate signature, you could have in your hands an investment. One whose value will undoubtedly increase in a few years. Keep in mind that true luxury doesn´t come from the brand, but the design aesthetics and craftsmanship behind it. Because of that, designer bags cost a lot. For example, Louis Vuitton, one of the most prestigious fashion houses, continues to manufacture its products the same way as in the 19th century. Artisans continue to make each piece by hand, and it can take up to 60 hours. They also use materials such as leather, canvas, bronze, and sometimes exotic skins of the best quality.
How much does a luxury handbag cost? The price of luxury bags can be very high. But the price is worth it when you don't just pay for a bag. You also pay for a piece of art of excellent quality and which elaboration is by the hand of the best artisans. If you can buy a designer handbag, do not hesitate to do it! It will be a great investment. What you pay for the price today, tomorrow it could be double or triple. So, if you decide to sell it in the future, you will earn more than what you paid. Have you already invested in a luxury bag? Tell us in the comments how your experience was. See you on the next blog!