It’s pretty well known that the ‘Big Three’ rule designer bag land. Next to Chanel and Hermès, Louis Vuitton is undoubtedly part of the Big Three. The quality, the craftsmanship, the resale value and other big benefits add up to the conclusion that a Louis Vuitton bag is an investment for life. If you’re still not sure if you should buy one: we’ve listed the reasons why you definitely should!
- Best value
One thing that’s for sure, is that Louis Vuitton bags are durable. And by that we mean extremely durable. The canvas is so easy to maintain that an LV bag can be worn for decades. It’s also relatively well priced for a designer bag, as it’s not as expensive as Chanel or Dior. Ofcourse, it does age a little but we think the honey coloured patina gives the bag a little more personality. Oh and not to forget, Louis Vuitton bags maintain their value perfectly, so the resale value is pretty high.
- Throw it like you just don’t care
You really don’t have to worry about any kind of damage, if you are the lucky owner of a canvas Louis V. bag. The canvas was originally developed for travel gear, like suitcases, so it’s a really sturdy material. Don’t fear for any scratching as this type of canvas is indestructible. You can easily toss your bag around, no biggie.
- Let’s get personal
You’re not going to be the only one wearing a Louis Vuitton bag, so you might want to make it your own. Luckily, Louis Vuitton has everything in store (literally) to personalise your bag. You have the Monogram-service, which is great for colour-loving ladies, or just anyone who really wants to stand out. Your other option will be hot stamping your initials, a more toned down way of showing that the bag is yours.
- L’histoire de Louis
The house of Louis Vuitton has been around since 1854, which is a very long time. During that long period, the fashion house has been developing multiple suitcases and bags. Most of them have been around since the beginning of the 20th century, especially the classics. They all have their own personal story, so you’re not only buying a bag, you’re buying a little piece of history.
- Quality over quantity
We’ve already covered the fact that the quality of a Louis Vuitton bag is astonishing, but we just want to point out that if you quit buying a new Zara tote bag twice a season (as these simply don’t last that long), you’ll have gathered the money for a Louis Vuitton Neverfull within 5 years. That Neverfull will stick with you for the rest of your life.
The reason Louis Vuitton bags are so expensive
Louis Vuitton’s legacy dates back to 1854 when he opened his first store, but it wasn’t until 1892, after the World’s Fair, that he began making his iconic handbags. The famed bags are known to never be on discount and are expected to last 20 years, if not more (via India Today). These handbags are classic, sleek, and known to be very, very expensive. When taking the plunge on purchasing a Louis Vuitton, you’re investing in a purse that may just last you forever — but it is worth it? Despite its famous trademarked name, what makes this brand so incredibly pricey? Louis Vuitton purses are as durable as it gets
There are a few factors that make Louis Vuitton bags and purses worth purchasing. The original LV bags are made of cow-hide leather which change color from a light brown to dark brown over time (and if it doesn’t, it isn’t a real LV bag). Moreover, these incredible purses are waterproof and fireproof, making them almost indestructible. The LV branded bags also go through durability tests which include being dropped repeatedly from a height of approximately one-and-a-feet with an almost 8-pound weight inside for four days straight. The test also includes shining an ultra-violet ray light on the bag to make sure it doesn’t fade. And last but not least, the zippers on the bags are open and closed 5,000 times to make sure they won’t break or wear when purchased. Phew, these bags go through a lot before being put out on the market, but it’s all to guarantee the best product for the consumer.
It’s imperative to also mention that Louis Vuitton bags aren’t made in sweatshops. They are all handmade in Europe and the U.S. by craftspeople who are extensively trained and paid fairly (via Couture USA).
You get what you pay for with a Louis Vuitton bag, and what you pay for is a bag that will last you a lifetime. Though the purses can set you back thousands of dollars, you’ll never need to purchase another bag again. While there are plenty of luxury brands that aren’t worth the money, Louis Vuitton just might be one that is Recommended.
When it comes to investing in a luxury handbag, it’s obviously crucial to find a style you really love and to know which handbags will hold their value and never go out of style. A well-chosen designer bag really can last you forever, and even become a family heirloom after you’re gone. Louis Vuitton is undoubtedly on the wish lists of many fashionistas and designer bag collectors from all around the world.
Speedy is the oldest bag of the three classic models of Louis Vuitton, and available in various sizes. The Louis Vuitton Speedy originated in the 1960s. It was a smaller version of the Keepall (commonly known as the Louis Vuitton duffle/travel bag). It was specially made for Audrey Hepburn. Then it became the first handbag designed for everyday use and one of the most popular.
The Monogram Speedy 30 is the most popular size of the Speedy family, which also includes Speedy 25, 35, and 40. The size and capacity of Speedy 30 meet the needs of most women’s heights. If you’re looking for a bag to love and eventually resell, the Speedy 30 is the one to pick.
It’s a classic bag which can last reputation for many years, and the value preservation in the second-hand market is also very good. Louis Vuitton often releases Speedy’s limited-edition versions within its seasonal collections, the value of which increases years after year.
The percentage increase in price of the Louis Vuitton Speedy is stark. Over the last 4 years from 2014 to 2018 we have seen a 25% increase in price.
Louis Vuitton Neverfull Bag
With its endless iterations, the everyday tote has become one of Louis Vuitton’s all-time most successful and best-selling bags that come in endless options of materials as well as limited editions and special artist collaborations.
If you are looking for a roomy handbag to carry from the office to the shopping center, you have just found “the one”. It is now considered a true classic.
The Neverfull comes in 3 sizes: The PM is the smallest size, best for petite carriers. The MM is best to carry every day. The GM is recommended for travel and work. No matter what size, the bag’s name suits, it truly is “never full”.
The Louis Vuitton Neverfull remains popular due to periodic price increases and high demand. And it’s important to note that the resale value of this bag is close to the current retail price. If you want to start investing in designer bags, the Neverfull is a smart choice.
The Neverfull was introduced in 2007 and an MM (medium-size) was a mere $645, as compared to 2016’s price of $1260. That’s almost a 100% price increase. The Neverfull retains at least 85% of its resale value, unless it’s a rare limited-edition bag, which can see upward of double the resale value. The resale price has increased by 65 per cent between 2012 and 2017, according to Vestiaire Collective. In 2017 you can recoup over 80 per cent of the retail price.
This bag dates back to the year 1932, making it the second oldest Louis Vuitton handbag. Known as the world’s first bucket bag, the Louis Vuitton Noé was originally designed to satisfy a French Champagne producer’s dream to finally carry a bag that could transport five bottles of wine all at once. The third generation of the family, Gaston Louis Vuitton personally designed the Noé.
The original Noé was made of pale-colored leather, like the color of champagne that it was supposed to carry. Today it serves as a utility bag with style and carries every it girl’s dream.
The Noé is available in 4 different sizes: Noé: 26 x 34 x 19; Petit Noé NM: 25 x 27 x 20; Noé BB: 22 x 24 x 15; Noé Noe: 15.0 x 16.0 x 10.0. Now the Noé can be found in many different materials and prints, from Damier Azur to Monogram and its variations, as well as a range of Epi Leather. With the classic monogram canvas as the most popular textiles available for the Noé, it is also the most common.
Depending on the style, the size, and the era of the handbag, LV Noé bags range from $1100 to $2780, with some exceptional pieces fetching higher prices. Whether you’re breaking in a brand new Noé, or giving some love to previously owned Noé, you can feel the historical significance of such a groundbreaking handbag.
Whether you’re looking to start your collection with a popular Louis Vuitton bag or looking for your next bag to invest in, these 3 classic LV bags are the perfect combination of function, fashion, and fiscally responsible from an investment standpoint. All these designer handbags worth your money.