Here’s Why It’s Worth Spending on Investment Pieces
Wondering when it’s worth saving and when it’s worth investing? Successful shopping is all about carefully selecting quality key pieces for a killer curated wardrobe
If, like Carrie Bradshaw, you “like your money where you can see it – hanging in your closet”, then the value of investment pieces in fashion might not come as a surprise to you. Yet, for most of us, spending a huge chunk of your salary on a handbag or a pair of shoes might seem crazy, so we often opt for affordable high street alternatives that will last us through the year (if we’re lucky), before they’re worn-out and thrown in the recycling bin.
Surprisingly, spending on good quality, crafted investment pieces could save you money and time (say goodbye to the hours spent on ASOS), in the long run. Bags such as the beloved Hermès Birkin have even been reported as a better investment than gold! And with the clothing industry being the second largest polluter in the world, spending a bit more, less frequently, on wardrobe staples that should last a lifetime will make a positive difference to more than your bank balance.
One of my most treasured items in my wardrobe is a Mulberry Handbag that was handed down to me from my great Aunt. Every time I use it, it reminds me of her and it’s proof that an investment piece can really last a lifetime (or two!).
So, if you’re looking for longevity in your next purchase, and you’re ready for the commitment, here are some top tips on what to look for to create your curated wardrobe, stocked full of investment pieces:
1. Choose quality over quantity
Good craftsmanship is key. Research the brand thoroughly and, wherever possible, buy brands that offer a care and repair service.
2. Cost per wear
Once you’ve decided on your next investment piece, decide if you think the price is justified by looking at the cost of the item, divided by the number of times you expect to use it. It’s an investment, after all!
3. Buy classic, timeless styles
Classic doesn’t have to be boring, but stick to a style that you could still see yourself using in 10 or even 20 years time.
4. Know your style
Invest in items that suit your style and lifestyle. While some would consider a trench coat or blazer a typical investment piece, if these aren’t items that you would usually wear, then opt for a different style.
5. Versatility is key
Are there at least three ways the item can be worn? Can it be used for different occasions, or throughout the year?
6. Shop pre-loved items
You can always look for more affordable vintage alternatives. Shops like HULA, Vestiaire Collective and Label Chic are all working to resist fast fashion by selling pre-loved luxury items at a fraction of the price.
7. Be prepared for upkeep
Investment pieces need to be kept in exceptional condition. Keep an investment piece in its original storage (dust-bags and boxes). Be prepared for dry cleaning, resoling shoes etc.
Keep scrolling for our picks on key wardrobe staples worth the splurge…
Featured image via Getty, all other images via respective company’s websites