Luxury items often increase in value over time, making them more than just a fashion statement or status symbol. From vintage watches to designer handbags, some people collect them as “investment pieces” for their potential resale value. And as inflation rises, the demand for classic accessories like these is growing even more.
The luxury market is typically more resilient than other sectors during economic instability because of high demand and brand recognition. As such, it’s a good time to invest in luxury goods. For details on Mens Handmade Leather Belts, go to a site like Hip and Waisted
But not all luxury goods are created equal. Investing in items that are timeless and high quality is key. It’s important to keep your luxury pieces in good condition, as damage will lower their value. And it is recommended to look for brands with strong reputations, such as Chanel, Balenciaga and Louis Vuitton, since they’re likely to maintain their integrity and hold resale value over time.
Sunglasses are one of the most accessible luxury items to start investing in. They’re highly wearable, durable and offer good eye protection, which is why they tend to stay in style for years. Plus, they’re easily resellable, making them a great addition to any collection.
Other luxury items that you can consider a purchase, or an investment, are leather jackets, jewellery and shoes. These classics are timeless, highly wearable and look chic when paired with a casual dress or denim jeans. The upscale versions of these must-haves typically come in unique hues and finishes, which can elevate the look. Plus, they’re usually easier to resell than fast fashion or seasonal pieces.