Luxury Handbag Report 2020

The Rise of the Lifestyle Collectible

LUXURY HANDBAG REPORT 2020

The Rise of the Lifestyle Collectible

KEY FINDINGS

1.

2019 was a record year for Rare Hermès Handbags including So Black, Matte White, Crocodile Himalaya and Picnic Kelly.

2.

The market for Hermès Birkin handbags continues to become more specialised. At Sotheby’s in March, an Hermès Ombre Lizard Birkin cost 50% more than the previous record price while average prices for Birkins in gold and taupe have fallen in the last five years.

3.

 Values of Chanel flap bags have risen fastest over the last decade while Louis Vuitton struggle to hold their value.

4.

Last year several auction houses started new handbag departments or increased their offering as sales at Christie’s – the market leader – were down 14% on 2018.

5.

Global sales of luxury handbags at the five leading auction houses were down 3% on 2018 at £24m. 

6.

We are likely to see collectors to fight it out for the rarest lots in 2020 as the best just gets better.  Auction houses face competition too as dealers and resellers will also work hard to consign the best handbags. 

7.

Christie’s is likely to hold the top spot as the leading auction house for handbags.

The very first report of its kind anywhere in the world, combining big data with granular detail

The very first report of its kind anywhere in the world, combining big data with granular detail

INSIDE THE REPORT

  • The first report on Luxury Handbags at auction providing detailed analysis of total sales and average prices
  • Ten years of investment performance on Hermès, Chanel and Louis Vuitton handbags with case studies and 5 year performance comparison of selected bags
  • Comparison of auction house results since 2012 by market share and volume of sales 
  • Leading experts from Christies, Artcurial and Poly Hong Kong share their insights on how to spot the handbags on the up.
  • The report is underpinned by the very first set of benchmark indices created by AMR, offering insights into luxury handbag trends at auction

Find out how is the auction market changing

Privacy Policy

Copyright © 2020 Art Market Research, All Rights Reserved