Get ready to shop till you drop, fashion lovers! These five new fashion items are safe bets to become hot commodities in the vintage and designer resale market.
From designer handbags to must-have sneakers, invest in these high-end pieces and you could make an inflation-busting profit in years to come…
Gucci loafers
These bad boys are sure to turn heads. The Italian fashion house launched its first iteration of the loafer in 1953 and it has been reinvented every season since. Not only are they stylish, but they’re also a wise investment. While a new pair of Guuci Jordaan’s will set you back in the region of £650, a vintage or discontinued pair could fetch double that. Talk about a shoe-in for success!
Burberry trench coat
Next on the list is the classic Burberry trench coat. This timeless piece is not only a fashion statement, but it’s also functional — and it tends to hold, or increase its value over time. That’s because the brand’s British-made garments have a reputation for quality and durability. The classic Kensington trench coat will cost in the region of £1,800 brand new but could fetch north of £2,500 in the resale market.
Supreme hoody
Collectors have queued down the street to get their hands on Supreme’s limited edition drops for years now, and for good reason. Not only are the cult streetwear brand’s clothes trendy and comfortable, but their one-off collabs with other iconic names in fashion and pop culture attract attention. Just as an example, a hoodie from the 2017 fall/winter Supreme x Louis Vuitton collection retailed for £850 and hit the resale market for £4,500. Kerching!
Patek Philippe watch
A watch made by this high-end Swiss brand is a surefire way to make some money in the resale market. Part of the reason for that is rarity; auctioneers at Christies reckon fewer than one million Patek Philippe pieces have been made since 1839. But it’s also down to craftsmanship; a standard Patek Philippe watch takes two or three years to plan and about nine months to produce. To buy a new, entry-level timepiece, it will set you back in the region of £20,000 but keep hold of it for 10-20 years and that value will almost certainly appreciate — and how! In 2019, a Grandmaster Chime became the world’s most expensive watch when it sold for £31 million.
Chanel 2.55 bag
This bag is a classic piece that never goes out of style. It launched in February 1955 for around £180 and currently resells for upwards of £4,000 for both vintage and current styles. Invest in one of these bags now, and you’ll be carrying around a piece of fashion history (and a lot of cash) in the future.
So, there you have it, five new fashion pieces that will surely bring in some serious cash in the vintage and designer resale market. Just remember, these investments aren’t for the faint of heart, as they come with a hefty price tag. But, if you can afford it and have the patience to wait for the right buyer, you’ll be laughing all the way to the bank. Happy shopping!
And remember, if you have a luxury watch, handbag or pair of vintage Guuci loafers that you’d like to raise funds against, Almagrove has 30 years of experience in the industry. Contact us to find out more.