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Top 10 Luxury Handbag Brands You Should Invest In

Author: Helen
Mar. 08, 2024
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“I have enough bags,” said no one ever. Luxury handbags from elite brands continue to dominate the fashion industry, and women (and men) can’t get enough. From household names such as Louis Vuitton, Chanel, Hermès, and many other high-end brands, their handbags have emerged victorious in their styles and are available in a broad spectrum of designs and colors to fit a classic or modern fashionista’s needs.

Some of the world’s most expensive purses and bags are the highlight of every occasion and event. Since there are endless handbag brands and designs to choose from, it can get difficult to pick a favorite or decide which one to invest in.

To make it easier for you to determine the appropriate bag for your sense of style, Biltmore Loan has listed 10 of the world’s best and most luxurious handbag brands and designs, including:

1. Hermès

The popularity of this megastar fashion house is evident in people’s high demands despite its hefty price tags. The Matte Crocodile Biking Bag, named after English-French actor-singer Jane Birkin, is the brand’s most expensive handbag to date, costing at least $120,000. More rare Birkins, including the Hermès Himalayan crocodile Birkin, is priced at an outstanding $432,000, which is thought to be the most expensive Birkin ever offered for sale.

The increasing demand for this iconic Hermès trademark has become a symbol of class, wealth, and status. A Birkin’s exterior is not only crafted from genuine crocodile leather, but also embellished with a diamond-studded clasp of 10-carat diamonds set on a bed made of white gold.

Related: Learn How to Sell Your Hermes Bag for Cash

2. Chanel

Chanel is a world-renowned high-end fashion brand that definitely cannot skip this list of the best and most expensive designer handbags. For decades on end, Chanel has accompanied celebrities to major award shows like the Academy Awards, Golden Globes, Grammys, movie premiers, and all significant events where fashion can be shown off.

Coco Chanel launched the brand in 1909. Today, the fashion house continues to be among the top 10 luxury brands in the world.

Related: Learn How to Sell your Chanel Bags for Cash

3. Fendi

Fendi is an Italian luxury fashion house established in 1925 and is best known for its “baguette” or B handbags. These fashion-forward arm candies are available in white lambskin, black crocodile leather, and a variety of other designs, with each bag costing around $28,000.

 

4. Louis Vuitton

A classic brand beloved by all, it’s quite apparent why Louis Vuitton is on this list. This French house of fashion has long been the symbol of class and elegance since its launch in 1854. On a global scale, the brand value of Louis Vuitton handbags is close to $25.9 billion.

This brand has been catering to the taste of every individual, including A-listers who often carry one of Louis Vuitton’s masterpieces at red carpet events. Among the many favorites include the Noé or the bucket bag, which retails for $1,440; the Raindrop Besace, a waterproof design that costs nearly $2,000; and the Petite Malle, which is one of Nicolas Ghesquiere’s first creations after taking over Marc Jacobs, costing $34,000. Undoubtedly, Louis Vuitton is one of the most expensive and best handbag brands in the world.

5. Marc Jacobs

Marc Jacobs’ massive success is partly attributed to an exclusive creation – the Carolyn Crocodile handbag made with purple crocodile skin and cost $50,000. Despite its expensive price point, customers continue to pine for the exquisite, high-quality item.

After successfully serving Louis Vuitton, American fashion designer Marc Jacobs started his own line of fashion accessories and ranked among the top fashion designers in the world. His business expands in over 200 retail stores in 80 countries across the globe.

Conversely, the Delray, a stunning and eye-catching pink leather bag with gold hardware is another famous creation from the label, costing around $2,000.

6. Mouawad

Mouawad is a privately held Swiss and Emirati luxury goods company. Its 1001 Nights Diamond Purse, which is made up of 18 karat gold and encrusted with more than 4,500 diamonds, is one of the most expensive and best designer handbags that the brand makes, costing a whopping $3.8 million. In 2010, the 1001 Nights Diamond Purse earned a place in Guinness World Records for being the most valuable handbag in the world

7. Hilde Palladino

Norwegian designer Hilde Palladino became a household name after debuting the Gadino Bag in 2001. The luxurious piece is crafted from white crocodile skin and has 39 diamonds strategically placed on the clasps that are purely made from white gold. Today,  Hilde Palladino bags are listed among the most expensive handbags in the world and are available in high-end boutiques like Bergdorf Goodman and Harvey Nichols.

8. Yves Saint Laurent

In the elite group, Yves Saint Laurent (YSL), founded in Paris in 1961, remains as an incredibly popular luxury fashion name. They are known for timeless handbag designs that spell luxury like no other. Some of their most beloved pieces include the Muse Bag, costing $18,990 and is available in two sizes; the Classic Duffle 24 retailing for $2,990; and the Monogram SL Chain Wallet sold for $1,490.

9. Valentino

 

A famous brand in the clothing industry, Valentino has also made its mark in the women’s handbag industry, too. The mere presence of the brand’s tag has everyone and their mothers flocking to get their hands on both its latest and most classic pieces.

Their luxury handbags come in neutrals and bold neon colors in order to cater to the likes of every fashionista. Valentino’s My Rockstud Tote, costing around $2,595, is beautifully crafted out of crocodile skin and is growing in demand by the day.

10. Prada

Started in 1913 by Mario Prada and his brother Martino as a leather goods shop, Prada is now among the well-known names in luxury brand labels. Their handbags are considered to be an elite fashion accessory, with Prada designs getting better with each passing year. At Milan Fashion Week 2018, Prada exhibited its Spring and Summer handbag collection, which were mostly embellished by glistening crystals of all different shapes and sizes.

 

 

Are you interested in selling your handbags?

As years pass, classic and modern designer handbags only rise in value and rarity. With proper care and maintenance, a luxury bag can prove its worth as an investment piece. If you are looking to sell your designer purses, Biltmore Loan offers the most competitive prices when buying or accepting collateral loans for high-end leather goods. Interested? Call us today at 480-991-5626 for Scottsdale and 480-705-5626 for Chandler. You may also complete our online form for a free market appraisal.

 

 

 

 

top luxury handbag brands

Luxury handbags are the ultimate fashion statement. They are stylish, timeless, and often considered a symbol of wealth and success. From timeless designer classics to the latest in trendsetting fashion, there are a variety of luxury handbag brands to choose from. Whether you’re looking for a statement piece that will last for years or a trendy accessory to complete your look, read on to discover some of the best brand choices.

Most Popular Types Of Handbag

Tote bags are one of the most versatile and popular styles of luxury handbags, and for good reason. These spacious bags feature two handles and come in a variety of sizes and colours, making them perfect for everyday use. Tote bags are ideal for carrying everything you need during your daily activities, whether it’s to the office or just around town.

Satchels are the perfect choice for more formal settings, as they are typically smaller in size and come with a top handle and a longer strap. Whether you’re going to a business meeting, a wedding, or a night out, a satchel is the perfect way to complete your look.

Clutches are a versatile style of luxury handbag. They are small enough to carry just the essentials and can be dressed up or down. They often feature a clasp or magnetic snap closure and can come with a strap or without. Clutches are perfect for a night out, a wedding or formal event, or even a casual lunch.

Hobo bags are a stylish and timeless choice. They typically feature a slouchy silhouette and a single shoulder or crossbody strap, which makes them perfect for everyday use. They are incredibly versatile and can easily transition from day to night.

Chanel

History

Founded in 1910 in Paris, Chanel is one of the most iconic fashion brands in the world. The brand was founded by Gabrielle "Coco" Chanel, who revolutionised the fashion world with her revolutionary designs. The brand’s handbags began to be produced in 1955 and have since become some of the most recognisable and sought-after pieces in the fashion world.

Popular designs

Some of the most popular and iconic Chanel handbag designs include the 2.55 Classic Flap Bag, the Boy Bag, the Gabrielle Bag, and the Coco Handle Bag. These bags feature the signature Chanel quilted leather, gold hardware, and the iconic CC logo. They are timeless and have been popular with fashion enthusiasts for decades. The bags are also available in a variety of materials, colours, and sizes.

price range

Prices for Chanel handbags range from £1,250 to over £200,000. The most expensive Chanel bag ever sold was the Diamond Forever bag, which sold for an astonishing £214,618. In comparison, the cheapest Chanel handbag is the Classic Flap Bag, which retails at £1,250. For those looking for a more mid-range Chanel bag, the Boy Bag retails at around £2,250.

Browse our Chanel Handbags

Hermes

History

Hermes is a French luxury fashion house that was founded by Thierry Hermes in 1837. Hermes is known for its high-end, luxury products such as scarves, ties, jewellery, and handbags.

Hermes handbags have been a staple for the luxury market since their introduction in 1922. The iconic Birkin and Kelly bags are the most recognisable handbags in the world and are considered a status symbol for the wealthy. Today, Hermes continues to be a leader in luxury fashion, creating timeless, high-quality handbags that are designed to last for generations.

Popular designs

Hermes is renowned for its iconic handbags such as the Birkin, Kelly, Constance, and Bolide. The Birkin bag is Hermes’ most recognisable handbag, featuring a top handle and a flap closure. It is available in a variety of colours and materials, and is made with the highest quality leathers. The Kelly bag is a popular classic style with two rolled leather handles and a signature H-shaped closure. The Constance bag is an elegant style with a long shoulder strap and a signature turn-lock closure. The Bolide is a sporty style with a long shoulder strap and a top zip closure.

price range

The price range of Hermes handbags varies depending on the style and material. The most popular styles, such as the Birkin and Kelly, can range from £10,000 to over £100,000 for exotic leathers. The Constance and Bolide styles range from £3,000 to £20,000. For those looking for more affordable options, the brand also offers a selection of leather and canvas bags with prices starting at around £1,000.

Browse our Hermes Handbags

Goyard

History

Goyard is a French luxury brand of handbags, luggage, and accessories. Founded in 1853, Goyard is one of the oldest luxury brands in existence. Goyard is known for its signature chevron pattern, which is stamped onto many of its bags. Goyard handbags are handmade in its factory in Paris, and the company is renowned for its attention to detail and craftsmanship. They range in price from several hundred dollars to several thousand.

Popular designs

Goyard offers a variety of styles, including tote bags, clutches, and shoulder bags. The brand’s most popular style is the St. Louis tote, which is a classic design with the signature Goyard chevron pattern and leather trim. The Goyard Anjou is a popular clutch style, and the Goyard Cheverny is a popular shoulder bag.

price range

Goyard handbags can range in price from several hundred pounds to several thousand. The most popular styles, such as the St. Louis totes created in the 1930’s, typically cost between £1,300 (PM) and £1,900 (XXL) with the GM version costing around £1,600.

Browse our Goyard Handbags

Tom Ford

History

Tom Ford is an internationally renowned American fashion designer, film director, and entrepreneur who is best known for his work in luxury fashion and beauty. The Tom Ford brand was founded in 2005, and the brand is known for its sleek, modern, and sophisticated designs. Following his success at Gucci as creative director from 1994, he launched the Tom Ford brand with a focus on creating luxury clothing, accessories, and fragrances. His designs have been featured in numerous magazines, television shows, and films and have been worn by many celebrities.

Popular designs

Tom Ford is renowned for their handbag designs that combine luxury materials, bold colours, and modern shapes. The Mini Bianca Top Handle Bag is a perfect example of their signature style. This handbag is crafted from premium leather and features a sleek top handle, a detachable shoulder strap, and signature gold-tone hardware. The interior is roomy enough to fit all your essentials and features two open pockets and one zip pocket. The black leather exterior is timeless and the gold-tone hardware adds a touch of elegance.

price range

Tom Ford handbags range in price depending on the style, material, and size. Most of their bags range from £1,000 to £5,000, with some limited edition pieces costing around £20,000. The Mini Bianca Top Handle Bag costs around £3,000.

Browse our Tom Ford Handbags

Louis Vuitton

History

Louis Vuitton is a French fashion house and luxury retail company founded in 1854. Louis Vuitton was established by the namesake designer, Louis Vuitton, who was originally a personal luggage packer for Napoleon III's wife.

Over the years, the brand has become known for its iconic handbags. In 1896, the brand debuted its first-ever handbag, the now-iconic Keepall bag. Since then, the brand has released many more iconic handbags, such as the Speedy Bag, Neverfull Bag, and the Alma Bag.

Popular designs

The most popular of the Louis Vuitton handbag designs is undoubtedly the Neverfull Bag. This classic design is a timeless piece that has been around for over a century, and is still incredibly popular today. The Neverfull Bag comes in various sizes and colours, making it an incredibly versatile and stylish bag. Other popular Louis Vuitton handbag designs include the Speedy Bag, the Alma Bag, and the Petite Malle Bag.

price range

upwards of £5,000. The most popular Louis Vuitton bag, the Neverfull Bag, starts at around £1,400. This bag is a classic and timeless design, and is well worth the investment.

Browse Our Louis Vuitton Handbags

Saint Laurent

History

Founded in 1961, Saint Laurent is a French fashion house that is renowned for its modern and sophisticated designs. Founded by Yves Saint Laurent and his partner Pierre Bergé, the fashion house quickly rose to prominence and became a major player in the fashion world.

The brand is also known for its iconic handbag designs. The fashion house is credited with creating the first luxury ready-to-wear handbag, the 'Sac de Jour'. This bag was an instant success and remains one of the brand's most popular designs. Saint Laurent has since released a wide range of handbags which have become some of the most sought-after and recognizable handbags in the world.

Popular designs

The Sac de Jour features classic lines, supple leather, and a timeless silhouette. It has become one of the most sought-after handbags in the world. Another of Saint Laurent's popular designs is the 'Monogramme' bag which features the iconic 'YSL' logo. It has become a symbol of the brand, and is a favourite amongst fashionistas. The 'College' bag is also a popular design. It offers a classic look with a modern twist.

price range

Saint Laurent's handbags are available at a wide range of prices. The price for a handbag will depend on the design, material, and size. Generally, prices for Saint Laurent handbags start at around £500 and can go up to over £7000. Saint Laurent also offers a range of luxury accessories to go with their handbags such as scarves, wallets, and keychains.

Browse Our Saint Laurent Handbags

Prada

History

Prada began in 1913 as a leather goods shop in Milan, Italy. Founded by Mario Prada and his brother Martino, the brand quickly gained recognition for its quality leather goods, especially its handbags. Through the years, Prada has remained true to its Italian craftsmanship and heritage, while also introducing innovative and iconic new designs.

Prada handbags have become synonymous with fashion, style, and sophistication. The brand has remained a leader in the fashion world for over 100 years, and with its continued commitment to craftsmanship and innovation, the brand will remain a staple for years to come.

Popular designs

Prada has become a household name in the fashion world due to its iconic handbag designs. The Cleo bag is a timeless classic, featuring a simple and sophisticated look with a top handle, flap closure, and gold-tone hardware. The Supernova bag is a modern take on the classic design, featuring a crossbody strap and a drawstring closure. Prada also offers an array of stylish tote bags, including the Re-Edition Tote, the Prada Cahier, and the Prada Sidonie.

price range

Prada handbags come in a range of prices, depending on the style, design, and material. Prices can range from £700 to £2,500 for the classic leather styles, and can go up to £10,000 or more for limited edition and exotic leathers. For those looking for more affordable options, Prada also offers a selection of canvas and nylon bags and wallets, which range from £200 to £500.

Browse Our Prada Handbags

Purchasing Pre-Owned Luxury Handbags

Discover our collection of designer luxury handbags featuring renowned brands such as Hermes, Chanel, and Louis Vuitton. At Rich Diamonds, our experts diligently examine all our pre-owned designer bags to ensure they are genuine and in mint condition.

Top 10 Luxury Handbag Brands You Should Invest In

Luxury Handbag Brands

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