How to invest in luxury fashion

Until recently, you’d have to pry my AmEx out of my cold, dead hands before I’d consider a purchase that wasn’t sold at an outlet or shipped via Amazon Prime. But the fact is, once you buy that perfect, goes-with-everything-use-it-every-day black bag of your dreams, the desire to buy another bag disappears. “A trench [coat] from Balenciaga or Gabriela Hearst, a pair of loafers from Loewe or Nicholas Kirkwood, a biker jacket from Acne,” lists Natalie Kingham, buying director at “Items such as these are worth the investment. Not only are they eternally cool and chic, but they are timeless and never date.”

Including Kingham, we tapped three luxury buyers to give us their expert advice on shopping smart. Unsurprisingly, they unanimously agreed to stick to to quality basics when investing, but the rabbit hole goes deeper than that. Read ahead to see their 7 lesser-known tips on the best way to spend—including the items you should never splurge on.

Best tips for investing in luxury fashion

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From: Elle US

Sonam Kapoor’s guide to luxury shopping

If there’s one person who lives and breathes luxury fashion, it’s Sonam Kapoor. The couture savant has built a lust-worthy wardrobe over the years by balancing trendy (and inexpensive) buys with smarter luxury purchases. Nowhere is this skill more obvious than in her bag collection. Take a look at the superstars in her closet, if you’re looking for some inspiration to guide your next shopping expedition.

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