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Bags and other luxury goods: without a Chinese market, what will happen to well-known brands? And Beijing censors influencers

China's economic slowdown and Beijing's crackdown on displays of wealth are taking a toll on some of the world's top luxury brands.

Bags and other luxury goods: without a Chinese market, what will happen to well-known brands? And Beijing censors influencers

There is an online auction going on these days Christie's NY, which has chosen to ride the major brands that can give greater guarantees, but we await the conclusion to better understand the behavior of buyers who we know well that in addition to women passionate about the brand, there are also dealers who invest in large quantities of objects to then put the individual lots back on the market. T

Luxury goods, assets to invest in and speculate on at the right time

Handbags Online: The September Edition. This online sale, open for bidding from September 4th to 18th, features over 100 curated lots, showcasing rare and exceptional bags from iconic brands including Hermès, Chanel, Louis Vuitton and Dior, along with a selection of Chrome Hearts debut.

Luxury bags
Chrome Hearts

Highlights will be on display at Christie's in New York from September 13 to 17

The sale introduces a curated selection of Chrome Hearts bags from Justin Reed’s collection, including a black and multicolored cross-patch backpack with sterling silver hardware (est. $15.000-20.000). Founded in 1988, Chrome Hearts bags are rare finds in both the retail and secondary markets, boasting a dedicated celebrity following and presenting a unique opportunity for collectors.

Headlining the sale are two standouts: a rare Matte White Himalayan Niloticus Crocodile Birkin 25 with Palladium Hardware (est. $100.000-150.000) and a rare Matte White Himalayan Niloticus Crocodile Retourné Kelly 25 with Palladium Hardware (est. $100.000-120.000). Additional highlights include a High-Gloss Salvator Lizard Birkin 25 Ombré with Palladium Hardware (est. $50.000-60.000), a Limited Edition HAC 50 Leather Multi-Pocket Caban Togo with Palladium Hardware (est. $45.000-55.000), and a Limited Edition Sable Painted Natural Butler Leather Quadrige Sellier Kelly 28 with Palladium Hardware by Pierre Perron (est. $30.000-40.000).

One particularly notable item is a 20 Hermès Shiny Black Porosus Crocodile Mini Kelly 1991, featuring solid 18k yellow gold and diamond hardware (est. $30.000-40.000). Fewer than 10 examples have been offered at auction in the past decade, and the model marks a significant moment in Hermès history as it is the first Kelly to be adorned with diamonds.

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