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Dior Price Increase: Since its debut in the 1940s, Dior has set high standards for luxury fashion brands worldwide. With designer bags that can stand the test of time and classic trademark designs, it’s no wonder the French brand is a go-to choice for fashion investments.
If you’ve been thinking about investing in a Dior bag, keep on scrolling to know the expected price increases this year and whether it’s a promising investment!
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While Dior has yet to increase its prices in the American market this year, Europe has seen steep changes in January.
Here are the most famous Dior bags and their price increases.
July 2022 marks the last Dior price increase in the U.S. market. Another increase is expected after the one that happened in Europe, but as it stands, here are the latest Dior price increases in the States.
Most luxury brands increase their prices annually to maintain their earnings and the quality of products, and this year in particular, the increases are expected to be steep, but why?
Well, global inflation affected the cost of raw materials used to manufacture bags and the overall manufacturing costs. Since luxury brands don’t manufacture in bulk—they make a few products every year to maintain their uniqueness and make them exclusive—they suffer very high manufacturing costs.
More than that, the increase in market demand for Dior bags and the limited supply are also culprits. People don’t mind paying thousands of dollars to own a limited edition purse that will be worth more in a few years to come when it isn’t manufactured anymore. As a result, suppliers are encouraged to increase their prices.
Financially, Dior bags aren’t the first to come to mind when it comes to investing in designer bags. One reason is that some of their most famous models don’t hold their value well, namely the ever-gracious Lady Dior.
While the bag is a classic that pays homage to its most famous holder, Princess Diana, it doesn’t do well in the resale market. So if you buy it with the idea that you’ll sell it in a few years for a higher price, you might need to think twice. It’s possible, but you’ll need to treat it like a museum artifact rather than a usable bag.
That’s not to say Dior bags aren’t a good investment in fashion terms. They’re timeless pieces that can stand the test of time well. So if you’re looking for a unique addition to your closet, by all means, go for it.
If you’ve changed your mind about investing financially in a Dior bag, here’s a list of alternatives that have proven their worthiness in the resale market.
One last piece of advice, as a rule, many collaborations and limited edition bags have higher values in the resale market than classic models. They’re much rarer than the usual designs, so collectors and bag enthusiasts have a higher demand for them.
Considering the limited supply and relatively high demand, the bags are more likely to sell for higher prices than their original prices.
Disclosure: We only recommend products we would use ourselves and all opinions expressed here are our own. This post may contain affiliate links that we may earn a small commission at no additional cost to you.
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