Is The Louis Vuitton Neverfull A Good Investment? Your Guide To The Classic Tote Bag
The timeless carryall is as functional as it is iconic – promising a lasting style companion to be passed down through generations
Every once in a while, luxury fashion houses come out with a design that’s truly everything a consumer needs – style, sophistication, and practicality rolled into one.
In 2007, Louis Vuitton hit the mark when they introduced the Neverfull bag. The iconic tote was an instant hit, and has since become a timeless classic of the Parisian Maison.
The stylish carryall is revered as an everyday essential, loved by style enthusiasts from all backgrounds and ages. With its timeless design, the Louis Vuitton Neverfull embodies a classic aesthetic while maintaining the house’s traditional elements.
Available in a range of styles and limited-edition versions, the Neverfull continues to be one of house’s most popular items, and only becomes more timeless with each passing year.
Below, Bazaar Arabia provides a comprehensive guide on the heritage handbag, exploring how it fares as a fashionable investment piece.
Louis Vuitton Neverfull: Your Guide To The Classic Tote Bag
After almost 20 years on the market, the appeal of the Neverfull has only gotten stronger. The classic design is characterised by a spacious interior, specifically created as a versatile carryall that never gets full. The bag’s delicate straps are stylish yet durable, reportedly being able to carry up to 90 kilograms in weight.
The bag’s side ties are another functional element, allowing the wearer to adjust the size and style of the bag by cinching in the sides. A matching pochette is also provided with the Neverfull, to help keep smaller items organized inside the bag.
The Neverfull is also meant to be reversible. With a contrasting printed lining on the inside that features a classic LV stock print, the design essentially gives you two tote bags in one.
Fashionable Variations
The Louis Vuitton Neverfull comes in four sizes: the Neverfull Bebe Bandouliere (BB), meaning “baby shoulder” in French, which is a miniature version of the larger carryalls; the Neverfull Petite Modele (PM), which is intended for carrying essential items while still being small enough carry in your hand; the Neverfull Moyen Modele (MM), which is a medium sized version of the design; and the Neverfull Grand Modele (GM), the largest size available.
The Louis Vuitton Neverfull is also available in different printed patterns, including the classic LV monogram, the Damier Ebene and Damier Azur checkered patterns, textured Epi leather in a variety of solid colourways, and the embossed Empreinte Giant Monogram leather.
The Monogram MM is often reinterpreted for limited-edition versions, such as the collection with Jeff Koons, and collaboration with Fornasetti.
Purchasing Power
The Louis Vuitton Neverfull has proven a steady track record of appreciating in value over time. Currently retailing for approximately Dhs7,400 for a classic Neverfull, the cost of the handbag continues to rise exponentially each year. In 2012, the starting price was just over Dhs3000, marking an over 50 percent increase within the last decade. From 2022 to 2023, the Neverfull saw a 17 percent rise in cost, which previously retailed for approximately Dhs6,208. According to predictions by CloverSac, the cost of the Neverfull will continue to rise by five to 10 percent throughout 2024.
Since its introduction into the market in 2007, demand the for the Louis Vuitton Neverfull has continued to rise. The increased demand subsequently drove up the price, and in 2023, the brand capitalised on this surplus demand by introducing a waitlist model.
The stringent purchasing method sees the website’s ‘Place in Cart’ option no longer available for the Neverfull, instead placing potential buyers on a months-long waitlist. Customers will need wait up to three months for the item to become available, which they will then have to purchase exclusively in-store. Once notified of its availability, customers have 24 hours to make the payment, or risk having the bag passed down to the next person on the waitlist.
Of course, this creates an even greater demand for the Louis Neverfull and shrouds it in air of exclusivity and prestige.
Is The Louis Vuitton Neverfull Worth It?
Based on price increases over the last few years, as well as predicted prices forecast for the year ahead, the Louis Vuitton Neverfull presents itself as a worthwhile investment for fashion enthusiasts. With its classic and functional design, the iconic handbag is both a statement piece and an everyday essential, and is set to maintain its appeal for years to come. Its durable craftsmanship promises long-standing wearability, ensuring the customers will definitely earn back their cost per wear.
In 2023, the Neverfull retained approximately 136 percent of its value, according to Rebag’s Claire Report, and in previous years, has retained on average of 90 – 125 percent of its value, making it a great investment for generations to come.
For more information visit louisvuitton.com
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