The phrase ‘Investment Buy’ has been increasingly bandied about on fashion programmes and magazines since the onset of the recession. It describes a piece of clothing, accessory or footwear which offers great value in the long term. The amount spent on investment pieces varies greatly but generally speaking, items costing in excess of €200 are classified as ‘investment’.
So what makes a sartorial buy a good financial move and not just a flippant excuse for splashing the cash? Consider the following:
- Cost-per-wear of the item
- Longevity of the trend
- Versatility of the item
- Durability of the fabric
- Stability of your weight
- Likelihood of you tiring of the piece
Typical investment buys include a classic leather handbag in a neutral shade, a pair of diamond stud earrings or a simple belted wool coat in navy or black. If in doubt, sample a cheaper version of the item first to be sure.
ELIE SAAB Stitch Pleat Leather Clutch, $912
LifeStyle Coach helps you to feel confident through style. Call now to book an appointment for an informative one-to-one Style Consultation or a therapeutic Wardrobe Decluttering session.
Copyright © The Declutter Therapist. All rights reserved.