Plus Size Designer Bags
Plus Size Handbags are the new shoes, the must have "it" accessory that
has all the fashion-istas clamouring for the latest offering from popular designers. It's also a market that has
more in common with the male-dominated world of classic cars than you'd realise.
Few of you will have missed the fuss a couple of months ago when Sainsbury's sold 20,000 "I'm not a plastic bag"
Anya Hind-march totes for [pound]5 each. Within hours those same unbleached cotton bags were selling for in excess
of [pound]150 on eBay. "Every girl has a handbag," says Christie's specialist Monica Turcich, "and every girl wants
one. Women now want the 'it' plus size designer bag and the one nobody else is carrying.
They've always been popular and they are the section of our 20th-century fashion sales for which we get the most
phone calls, but now they are doing particularly well because everyone wants handbags, whereas 10 years ago there
weren't the 'it' bags like we have today, simply the classics."
Like cars, most of the more recent designer handbags which sell through dealers and auction houses make
significantly less than their original retail price, losing value the second the initial purchase has taken place.
That is good news for both collector investors and handbag enthusiasts, but there are some exceptions to the
rule.
Last March Christie's sold a red Hermes crocodile skin Kelly bag for [pound]10,800, this had only been purchased in
1994 and was originally a bespoke product. The Kelly bag is the "holy grail" of the classic handbag world according
to Turcich. "Chloe and other more contemporary bags are more driven by what's popular now, but for Hermes and
Chanel's quilted bag, these are classics which never go out of style and are always useable." Kelly bags can be
bought for [pound]600 and can often be sold on for [pound]1,000- [pound]2,000, which isn't bad for a bag which
might have been bought back in the 1960s.
There's no doubt that most handbags are being bought to be used, it's not an investment market in the same way as
many other collectables such as paul smith,Abercrombie and Fitch,dsquared etc, but again there are parallels to the
car market. By buying a classic bag and looking after it, you are unlikely to lose money, rather see a steady gain
with the added return of enjoying using it.
Plus Size Designer Bags are In
Hindmarch's "I'm not a plastic bag" bags are unlikely to make it to "classic" status, they are after all
mass-produced cotton totes, but other handbags from her range might well do so. So far Christie's has-n't sold any
Hindmarch bags, but Turcich says she wouldn't be surprised if they start turning up at auction soon and she
wouldn't turn them away. "Kylie Minogue was pictured carrying a Chloe bracelet bag around a few years ago which
sparked a fashion and now we are selling the same thing at auction."
There is a pristine one in the next auction which is estimated at [pound]800 to [pound]1,000 along with another
Chloe handbag in the same lot. "I think Chloe has started the 'it' bag scene" adds Turcich, "I don't know how long
it will take for them to become classics of their own, but I'm sure these will hold their value in five or 10
years' time. People just don't seem to have paid attention to the fact that handbags have become the new shoes in
the last few years, there is now an appreciation of the design that goes into them. There are shoe designers that
are artists and so too with handbags."
It's not always about big names, a few weeks ago Ms Minogue was at the shop of Tony Durante, a
handbag dealer at Alfie's in London, and purchased a white plus size raffia bag with a horse's head
on the front for around 200 pounds. Brightly coloured raffia bags are in at the moment because it's summer. Durante
says that Kylie loved this particular bag because it was unusual. Buying it from a vintage fashion dealer she's
unlikely to bump into another celebrity carrying one. Durante says that his customers are looking for this
"unusualness" factor.
If you do want to retain the value in your handbag then you should go for one that is in excellent condition, is a
good design and beautiful. Some "it" bags will undoubtedly go down in value as fashions change, but the classics
should stay steady.
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