The Best Designer Handbags to Invest in Now, From the Classic Chanel Flap to Buzzy Bottega Styles

23 standout bags that deserve your attention

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No matter if it's your first or your fiftieth, investing in a designer handbag is incredibly exciting. It’s a fashion find that will last a lifetime, remind you of a key point in your life—a big promotion at work, a sun-drenched holiday or even a new romance, perhaps—and may even be passed on to a loved one once you're ready to refresh your rotation. Or, alternatively, you might choose to resell it for a handsome sum—plenty of designer bags accumulate value, you know.

Nowadays, there are a huge number of luxury labels to choose from, too. Though with big players including Prada, Gucci and Louis Vuitton unveiling new bag styles at a rather rapid rate, choosing the right one can feel a little overwhelming. There is such a thing as too much choice, after all.

So, we're here to help guide you through the process—and we've tapped Laura Fletcher, brand director at Open for Vintage and all-around luxury handbag expert, to add her two cents on what actually makes for the best designer handbag investment.

Abla Sofy wears a dark green Miu Miu Matelassé bag, outside Miu Miu, during the Paris Fashion week Women's

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"Our consistent, most popular handbags are classic, iconic models from brands such as Chanel, Louis Vuitton, Hermès, Gucci and Prada," she shares. But when it comes to the ultimate investment pieces, she adds it's "the Classic Flap Bag from Chanel that keeps its value very well." In fact, "the price of a Classic Flap rises by about 16% every year so it's a great style to buy as an investment piece."

She continues: "We're seeing current spikes in sales for the 1980s–1990s Chanel Classic Flap Bags and Diana Flap Bags, as well as Gucci Bamboo Bags and Horsebit Bags, particularly models with the GG canvas." Again, this proves the enduring allure of a vintage find—whether you're opting for a re-edition (of which there are plenty—just take a peek at the Chloé Paddington) or searching for an original.

"The amazing thing about resale is that you can buy vintage versions at around 40% less than new, making it an even more savvy purchase," Fletcher adds, reminding us of the variable price points for every style.

But before we go on to share the very best designer bags to buy now, allow us to answer even more of your burning questions.

A guest wears a shiny black quilted Chanel leather bag, outside Chanel, during the Paris Fashion week Women's

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What is the hottest designer bag now?
This is a rather subjective question, and fashion editors and industry experts are likely to give all different answers. As Fletcher shared, a classic Chanel Flap or even an Hermès Birkin will always be popular and in high demand. But there are some newer styles quickly rising up the ranks for those in the know, including Alaïa's Le Teckel, Jacquemus' The Bisou Perle, and Miu Miu's Suede Pouch—which ranked 5th hottest product on the Lyst Index earlier this year.

Which is the best luxury brand for handbags?
Again, this is subjective. While some luxury shoppers are loyal to one brand, many others accumulate bags across different labels. Always held in high regard are Chanel, Hermès, Fendi and Dior, while brands such as Jacquemus, Loewe and Bottega Veneta are known for their more fashion-forward designs.

What designer bags hold the most value?
Hermès Birkin bags are often regarded as the best investment designer bags, increasing by 14.2% on average each year, according to CNBC. Fletcher also flagged the Chanel Classic Flap, which rises by 16% every year. But the key to making any luxury handbag a good investment piece is to ensure you keep it in good nick so it's ready to be re-homed in fabulous condition.

Which is the most affordable luxury bag?
Aside from Hermès, Chanel and Louis Vuitton—who are known to never have sales—a number of designer bags often make their way into seasonal reduction sections, albeit in a bold shade rather than your classic black or brown. So, if you're after a lower-priced pick, in-house sales alongside online retailers such as Net-a-Porter or Mytheresa are the places to look, and remember sites such as Open for Vintage for pre-loved picks.

The best designer handbags to buy now

The forever classic bag: Chanel Flap Bag

The pop culture bag: Fendi Baguette Bag

The sculptural bag: Dior Saddle Bag

The vintage-feeling bag: Gucci Jackie Bag

The uber-luxury bag: Hermès Birkin

The designer backpack: Prada Re-Nylon Backpack

The trendy-but-timeless bag: Valentino Garavani Alltime

The fuss-free bag: Saint Laurent Le 5 à 7

The practical bag: Loewe Puzzle Bag

The cross-body bag: Bottega Veneta Cassette

The fashion fan favourite bag: The Row India

The colourful bag: Miu Miu Wander

The carry-all bag: Dior Boot Tote

The boho bag: Chloé Paddington

The fashion-fan favourite bag: Bottega Veneta Sardine Bag

The new icon bag: Alaïa Le Teckel

The new-age designer bag: Jacquemus The Bisou Perle

The beach bag: Loewe Raffia Tote

The everyday bag: Longchamp Le Pliage

The work bag: Louis Vuitton Neverfull

The quiet luxury bag: Celine Triomphe

The 00s bag: Balenciaga Le City Bag

The celeb-favourite bag: Max Mara Whitney Bag 5

Zoe Anastasiou
Fashion Editor

Zoe Anastasiou is a Fashion Editor with over eight years of experience working across digital publications in New York, London and Australia. She has contributed to publications including Harper’s BAZAAR and ELLE Australia, and was the Fashion and Social Media Editor at Who What Wear UK before joining Marie Claire.