‘Give a girl the right shoes and she can conquer the world.’ It was believed that Marilyn Monroe made this statement, but although no one can be sure it still rings true to this day and supports the idea that investing in fashion really does boost your confidence and profit when you do decide to sell your investment.
So what fashion investments should you be making and which are the ones you can’t afford to miss out on?
- A good watch
Watches aren’t just great for time keeping, they can look pretty great too and work as a major fashion investment to store away in your jewellery box and only bring out on special occasions. Or you could buy in to the idea that you should treat yourself everyday and wear your favourite clothes.
Investing in a smart designer watch is one fashion investment you should definitely make and let’s be honest, it needs to be a designer purchase. However if you’re not sure you can afford a high-end timepiece, take a look at ticwatches.co.uk, where you’ll find some stunning designer watches for very affordable prices.
There’s a long-standing argument when it comes to investing in a fur coat, over whether the material should be real or not. Of course, there are very few out there now who condone the unnecessary slaughter of animals for fashion, when such incredible replica fur can now be created using synthetic material, but if you must have the real thing for your fashion investment then opting for a vintage fur is the better way to go because you are not killing any living animals and vintage clothing in general is greener.
Something to think about, though, is that on average a fur coat created today uses 55 minks and 100 chinchillas and 50 million animals are brutally killed every year for their fur around the world. By buying new fur you are contributing to this.
- Chanel bag
Of all the designer brands out there Chanel is considered one of the most investment worthy and a quilted black Chanel bag, featuring the instantly recognisable logo, is a fashion investment worth making and spending money on.
A classic medium flap Chanel bag, purchased four years ago, would have cost £1,600 and if sold today would go for around £2,700, a 63% increase and nice amount of profit in your pocket. This is the perfect example of why Chanel is one of the main brands to hold its value, along with Hermès, Cartier, Goyard and Alaïa, whereas Versace, Marc Jacobs and Eltro lose their value quickly and have surprisingly low re sale prices.
Worn by all the celebrities Louboutins are a true fashion icon and investment in any woman’s wardrobe. With the instantly recognisable red sole, many wear their Louboutins out to make a statement with their outfit, although many say that they’re not shoes that can be worn all day. If you’re looking for a comfortable pair of investment designer shoes, then opt for some Manolo Blahniks.
- Vintage and antique jewellery
If you’re looking for a piece of jewellery to make an investment in, avoid the high street. Vintage and antique pieces will only increase in value over time, especially if you look for jewellery created by Cartier, Van Cleef or Arpels and anything in the Art Deco style, created from 1920 to 1935.
However, don’t expect to see a return on your fashion investment any time. Like a fine wine, jewellery will only get better over time and a good piece can be handed down through the family throughout the generations. Make sure you always insure your most valuable pieces.
Disclosure: This is a collaborative post.