INVESTMENT | 2 MINUTE READ
CASH FOR COCO
Fashion is arguably one of the most accessible assets, but who or what to invest in is far trickier. Luxury re-retailers Vestiaire Collective has clarified a few exceptional shoes. At number one was the eminent 'Birkin' bag by French fashion house Hermès. The icon purse peeked its re-sale value in 2015 at 137% and considering the starting offer for a worn bag sits around £6,500, you stand to make a killing for a mint condition vintage. Chanel, Yves Saint Laurent, and Céline bags are also coveted, particularly qualitative vintages. Remember, opt for classic or rare limited editions - scarcity and desirability are key.
When it comes to fancy footwear, you can't go wrong with Chanel. The house's iconic slingbacks and ballerina pumps are among the best, and though they have yet to prove overwhelming return at auction, experts believe that they are a maturing investment and that now is the time to invest.
Another footwear brand to watch is Valentino and their signature Rockstuds collection. Since it's launch in 2010, the Rockstuds have proven popular year after year, selling out every season to date - a safe choice, if you are considering, s shrewd shoe venture. The classic Rockstud Ankle Strap currently sells for around £650, but you'll have to be stealthy in getting your hands on a pair.
For a classic, ready-to-wear investment it has to be Burberry and their much-admired trench coat. With Creative Director Christopher Bailey at the helm, the intends to keep the spirit of the trench alive, notably, when their glittering 2016 Christmas ad featured a cinematic, retelling of its origin. Ironically the iconic beige is not so popular for re-sale, however, irreplaceable pieces with extra embellishment, unique colours and or patterns prove a greater return on your investment.