Do Celine bags retain value?
Celine is a French design house that is known for its minimalist style. Their bags are simple yet chic and they're made from high-quality materials. Additionally, Celine bags tend to hold their value very well over time.
Luxury Bag | Return on Investment |
---|---|
Hermes Birkin 25 | 150% |
LV Bumbag | 119% |
Goyard Plumet | 111% |
Chanel Caviar Classic Flap | 104.5% |
Owned by LVMH since 1996, Céline is acclaimed for their minimalistic and effortlessly chic aesthetic. Under the creative direction of Phoebe Philo for the last decade, Céline is a brand rich in luxury that represents understated elegance.
The Medium Classic Bag retails for $3,950, the Teen Classic Bag for $3,400, and Small Classic Bag for $3,150. Lots of options!
Today, the Celine Luggage Tote is still being produced, despite Philo's exit from the brand back in 2017. An unmistakable icon now synonymous with the Celine brand, is The Luggage Tote a true forever classic, or has it become a dated trend?
In short, the best investment worth handbags include: The Hermes Birkin Bag, The Lady Dior, Classic Chanel Double Flap Bag, Celine Luggage Bag, and the Louis Vuitton Neverfull.
Rank | Brand | 5 Year Resale Value |
---|---|---|
1 | Tesla | 68.72% |
2 | Lexus | 66.53% |
3 | Acura | 65.74% |
4 | Porsche | 62.65% |
The Top Brands To Sell
In virtually every demographic, the same six brands topped the resale lists. In terms of luxury, front-runners included Louis Vuitton, Chanel, Gucci and Prada. For contemporary fashion, Tory Burch and Rag & Bone took the lead.
It's no surprise that Hermès handbags top the list, retaining an average of 90% of their retail value. Louis Vuitton followed with 80%, gaining 17 percentage points over last year. Chanel handbags also made gains, keeping 75% of their value on average, climbing 12 percentage points from 2020.
The most famous Celine bag is 'the Classic,' a structured shoulder bag with a long strap that can be worn crossbody and is made with supple but sturdy box calfskin. They are so popular that we frequently get them in-stock and then they sell right back out again.
Who is the current designer for Celine?
Hedi Slimane took over the reigns at Celine in 2018, where he currently holds the role of creative director. Philo said in a statement: “Being in my studio and making once again has been both exciting and incredibly fulfilling.
Note: In recent months, it seems like the Celine Trio bag has been discontinued… however, you can still find it on resale sites like ReBag, The Luxury Closet, or The Real Real.
![Do Celine bags hold value? (2024)](https://i.ytimg.com/vi/lKEhbmtIitQ/hq720.jpg?sqp=-oaymwEcCNAFEJQDSFXyq4qpAw4IARUAAIhCGAFwAcABBg==&rs=AOn4CLAQdX6mVBegrEAKTm-fp1qZedh2Zw)
- Louis Vuitton. Neverfull Tote Epi Leather MM. $2,415. ...
- Prada. Tessuto Bag. $1,275. ...
- Balenciaga. City Bag. $1,110. ...
- Louis Vuitton. Noé $698. ...
- Gucci. Jackie Vintage Bag. $895. ...
- Dior. Lady Dior Bag Cannage Quilt Patent Medium. $2,740. ...
- Louis Vuitton. Epi Jacquard Alma BB Black. $1,995.
Every woman needs a great tote bag. With two long straps for carrying in the hand or on the shoulder, and a large, roomy interior, tote bags are a trend that's not fading anytime soon.
LONGEVITY
Depending on the materials of these bags, they have a lot of potential to last almost a lifetime, which is why so many people purchase luxury handbags. Chanel, for example, uses leather for their classic flap bags which is very durable and can withstand a lot without much damage to its hardware.
But even more controversially, another French brand, Celine, raised its prices for the second time in just three months. Originally priced at $853 (RMB 6,400), one of its wallets jumped to $986 (RMB 7,400) at the end of 2021. And now it has been marked up to $1,186 (RMB 8,900).
Iconic Celine bags
Founded in 1945 by Céline and Richard Vipiana, French label Celine is synonymous with understated elegance and timeless glamour. Originally a made-to-measure children's shoe shop on rue Malte, Paris, Celine quickly expanded, venturing into ready-to-wear, footwear, leather goods, and fragrances.
Celine Bags
The fact that Celine doesn't go on sale also helps with longevity and demand but even that aside, the designs are classic enough to be wearable and chic for many years to come.
Celine is a luxury French fashion House founded in 1945 by Céline Vipiana and today under the creative direction of Hedi Slimane.
For retail price Dior bags are similar to many other designer bags. Dior increases their retail price 3-8% every year, so keep that in mind when purchasing a bag. Sometimes, the classic Dior bags increase their price more than once a year.
Is Lady Dior worth the price?
From a more objective standpoint though, it's safe to say that the Lady Dior is worth the price. First, it's a well made handbag crafted to perfection. Second, it represents a piece of fashion history (with its French inspiration and Princess Diana upbringings).
On January 21, 2018, LVMH announced that Hedi Slimane would take over at Celine as its artistic, creative and image director.
In short, you may be wondering, if purchasing a Celine bag or adding a Celine bag to your handbag collection is worth it? The truth is, yes, Celine bags are worth the price and worth investing in. Celine's bags are timeless, uses high quality leather, minimalistic handbags that will last for years to come.
CELINE, a brand owned by Louis Vuitton Moët Hennessy (LVMH) shared a photo of BTS Jimin wearing their brand. CELINE is a French ready-to-wear and leather luxury goods brand that has been owned by LVMH group since 1996.
At the end of the day, Europe is notably the cheapest place to buy your next Celine handbag thanks to the tax refund.
Yves Saint Laurent founded his eponymous luxury French fashion house, Yves Saint Laurent, alongside his partner Pierre Bergé in 1962. Saint Laurent had previously been the creative director of Christian Dior from 1957 to 1959 and so had experience leading a very popular design house.
Dior. Dior is the second most popular luxury brand online this year. Dior continues its steady assent on our ranking of the best luxury brands online, rising from the fifth position in 2020 to the fourth place in 2021 and now taking the second spot in 2022.