Luxury brands like Chanel and Hermes are among those that command high resale values, thanks to the designer’s meticulous attention to quality and craftsmanship. These bags also symbolize the owner’s status and taste, which adds to their appeal. However, it’s important to know that not every designer bag will retain its value. Some styles may be overly trendy and fall out of fashion within a few years, which is why consumers should avoid buying those designs.

On the other hand, timeless bags from iconic houses such as Chanel and Hermes will continue to be in demand, even when they are several years old. For example, the Hermes Birkin bag is a classic that continues to draw buyers, even though it costs hundreds of thousands of dollars. A designer bag’s longevity depends on its style, size, hardware, leather type and color. Moreover, the quality of the materials and workmanship are the main factors that determine its value.

The Nordstrom Black Friday sale is a great time to refresh your closet with coveted designer handbags, with select styles marked down for the holiday. From party-perfect clutches and carry-everywhere satchels to roomy logo totes, the curated selection of new cult-favorites includes handbag heroes for every occasion.

Regardless of the prevailing market conditions, there is a growing number of women with the disposable income to splurge on Gucci or Louis Vuitton bags. Revenge shopping post-lockdown is helping to drive sales, and more people are looking to add a vintage Chanel or Hermes Baguette to their wardrobes. designer handbag sales