The Irresistible Allure of the Designer Handbag | Sotheby’s

Ahead of a new exhibition at the V&A and as Sotheby’s Handbags and Accessories Online sale opens,
journalist Harriet Quick explains why handbags are such a status accessory for fashion lovers.

 

They help define character, they are exclamation marks on outfits and they are instantly recognizable signifiers of status worldwide. Handbags in the 21st century are not only trophy items but they are also drivers of a multi-billion pound luxury market that continues to grow in all areas, from primary sales to the auction house collectors’ market, and on vintage re-sale and rental sites.

CHANEL BLUSH PINK JUMBO FLAP BAG IN LAMBSKIN WITH BRUSHED PALE GOLD TONE HARDWARE, 2014-2015. ESTIMATE: £3,500–4,500 – Lot 41 – Bid Online Now

 

Given the aggrandized halo surrounding what is essentially a functional item to carry one’s private belongings, it is timely for the V&A to stage a dedicated exhibition to this most revered accessory. There will no doubt be Bottega Veneta’s Cassette bags (the hit of 2020) jostling with Chanel’s latest maxi flap tweed style and re-editions of Dior’s saddle bag lining up at the entrance of Bags: Inside Out opening on April 25  “From a lavish 16th-century purse made for royalty to the everyday tote bag, this exhibition offers an understanding and insight into the function, status, design, and making of bags across the world and throughout history. These portable, yet functional accessories have long fascinated men and women with their dual nature that combines private and public,” says the show’s curator, Luca Savi.

 

HERMÈS KELLY RETOURNE 32 VERT ANIS IN TOGO LEATHER WITH PALLADIUM HARDWARE, 2004. ESTIMATE: £5,000–7,000

The exhibition is themed into three sections: Function (including Winston Churchill’s red dispatch box and Vivien Leigh’s attaches case), Status and Identity (featuring Fendi Baguette bags and a gold Louis Vuitton Speedy) and finally Design and Making that zones in on the complex technical processes of handbag engineering, that requires specialist artisan skill sets.

 

LOUIS VUITTON ANACHRO BLEU PETITE BOITE CHAPEAU, 2018. ESTIMATE: £1,800–2,000

With sustainability inspiring a major re-think on the meaning of luxury, the handbag has also become a symbol of ‘buy less, buy better’ excellence, with certain designs and limited editions capable of buffeting trends and holding their value over time. That is some achievement in the volatile market of luxury. As Sotheby’s upcoming Handbag and Accessories auction reveal, the market value of a handbag is a carefully calibrated balance of material (ostrich, alligator, calfskin, lizard), rarity, condition, and iconic status.

HERMÈS KELLY QUELLE IDOLE ORANGE IN SWIFT LEATHER WITH PALLADIUM HARDWARE, 2000. ESTIMATE: £19,000–20,000

There is a fresh appreciation of the subtleties of color. Who can resist the charms of a blush pink Chanel jumbo lambskin flap bag (2014-15) with pale gold-tone hardware that encapsulates the trend for millennium pink? Or an Hermes Kelly Retourne (2004) in a vibrant vert anis hue that neatly surmises our aspiration to be green and clean? Innovations in shape and form also count as handbag milestones. Consider the retro appeal of a Louis Vuitton circular mini hat box style (2018) with art nouveau patterning in shades of blue or the rare Hermes Quelle Idole bag (2000) in signature orange featuring anthropomorphic eyes, arm shaped straps and 3D padded brown feet. Dior’s Saddle bag first created by John Galliano in 2000 became a smash hit as part of Sarah Jessica Parker’s uniform. It’s unconventional shape and equestrian roots have been re-appraised by Maria Grazia Chiuri who reintroduced it into the Dior canon in 2018, with styles in embroidered canvas appealing to the growing taste in artisanship.

DIOR MEDIUM SADDLE BAG IN EMBROIDERED CANVAS WITH BLACK CALFSKIN LEATHER TRIM BEAD EMBELLISHMENTS WITH GOLD TONE HARDWARE, F/W 2018. ESTIMATE: £1,500–2,000

 

Sotheby's Handbags and Accessories Online Auction March 5 through March 12 2020

 

 

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