US-based luxury label for bags and accessories Brandon Blackwood was the most profitable handbag among other luxury brands in 2021, based on its average premium. With a price premium of 100.4 percent, the average price of a Brandon Blackwood handbag could return just over twice as much as its original price. Dior and Louis Vuitton handbags were the third and fourth most valuable items, with price premiums of 38.1 and 35.4 percent, respectively.
Most profitable luxury handbag brands worldwide in 2021, based on average premium
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The source adds the following information regarding methodology: "All data was collected from the Stock X website and used the average change in price premium to determine which colours/products are the best investments."
The source 'price premium' as follows: "A measure of how much more a new, unworn item currently sells for, as compared to its original retail price. An item with a Price Premium of 100% means that the average price of that item right now sells for twice as much as its original retail price."
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money.co.uk. (September 27, 2021). Most profitable luxury handbag brands worldwide in 2021, based on average premium [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1273781/most-profitable-luxury-handbags/
money.co.uk. "Most profitable luxury handbag brands worldwide in 2021, based on average premium ." Chart. September 27, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1273781/most-profitable-luxury-handbags/
money.co.uk. (2021). Most profitable luxury handbag brands worldwide in 2021, based on average premium . Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1273781/most-profitable-luxury-handbags/
money.co.uk. "Most Profitable Luxury Handbag Brands Worldwide in 2021, Based on Average Premium ." Statista, Statista Inc., 27 Sep 2021, https://www.statista.com/statistics/1273781/most-profitable-luxury-handbags/
money.co.uk, Most profitable luxury handbag brands worldwide in 2021, based on average premium Statista, https://www.statista.com/statistics/1273781/most-profitable-luxury-handbags/ (last visited July 27, 2024)
Most profitable luxury handbag brands worldwide in 2021, based on average premium [Graph], money.co.uk, September 27, 2021. [Online]. Available: https://www.statista.com/statistics/1273781/most-profitable-luxury-handbags/
