Lilac Blue London has been showcasing extraordinary handbags in Vigo Street, Mayfair for more than 7 years now, and we thought it high time we began to share our expertise to keep our loyal clients abreast of the news, developments and exciting investment opportunities available in the uber luxurious global Handbag Market. So we are delighted to announce the start of a monthly News Flash which will contain some exciting features, including our favourite Bag of the Month, commentary on the cutting-edge trends in the luxury handbag space, hot tips on shrewd investments in new or vintage bags, and the occasional opportunity to purchase a highly desirable limited edition item which is NOT a handbag!
Hermes Sloane Street Revamp
Hermes’ brand-new Sloane Street showroom, on the corner of Cadogan Place, delighted us with a great range of beautiful bags for sale in their opening week. Offerings included a diamond crocodile Birkin for those who have £158,000 burning a hole in their pocket, and Hermes used the opening to relaunch the “London Bag”, originally seen in 1962, featuring quirky straps inspired by the shoulder epaulettes of London police.
The shop spans two floors, is beautifully minimalist and as classically stylish as you would expect. Then tucked underneath the curvaceous staircase is a spanking new Yamaha motorbike, covered in Hermes leathers.It’s a fabulous reminder of the made to measure leather services Hermes offers.
May’s Head Turner
Lilac Blue London usually recommends the purchase of tadelakt leather Hermes products only to very serious collectors: although it’s the original Hermes saddle leather, and made from the most expensive calf leather, developing an amazing shine over time, it is subject to scratching. So when the first scratch is made, it can seem an almighty calamity!
But rest assured, after a few marks, knocks and bumps, you realise that the bag’s timeless charm comes from its shine and the imperfections that highlight that shine, like a fondly battered Chesterfield sofa.
I have mentioned it here because never before have we seen a classic etoupe-coloured Birkin made in tadelakt leather. It’s by special order and an arresting piece, and we have one in Vigo Street. Please click on the image to see the details on the website.
Vintage Handbag Investment
I recently addressed an audience of private investors at a seminar in Bangkok on the wisdom of investing in Hermes bags, both new and vintage. There is no doubt that Hermes handbags have now joined the ranks of passion assets, such as vintage wine, art and classic cars. These assets provide a great diversification for the classic investment portfolio of property, stocks and bonds, while they also give a good hedge against the present risk of global inflationary forces, with their price underpinned by the limited supply. If you are thinking about introducing this asset class to your investment portfolio, Lilac Blue London would advise the following:
Buy a piece you actually like. You may look at it regularly and you need to care for it, so make sure you are fond of it and it will help you preserve and increase its value.
Choose either a classic colour (black, etoupe or gold) or go for an unusual and highly sought after colour (pink, or lime green perhaps). Or, one can never go wrong with a limited edition model, such as the ghillies, or the club Birkin, or a kelly So Flashâ€¦
Make sure the bag is in excellent, or very good, condition. Serious tears or stains will hamper the bag’s appreciation in value.
And FINALLY, Lilac Blue London’s promised non-handbag offering!
Having concentrated on building the best collection of Hermes bag in Europe, we are now looking to diversify our luxury product offering and, on a highly selective basis, we are beginning to showcase some of the most desirable watches in the world.
Patek Philippe 5711/1P.
I trust you agree we have chosen well!
We are offering a Patek Philippe 5711/1P 40th Anniversary watch, one of the most sought after and iconic watches in the World.
This limited-edition model was launched in late 2016 to celebrate the 40th anniversary of the Nautilus; the original Nautilus was made in 1976 and was one of the most celebrated watch collections ever.
The 5711/1P features a blue dial with diamond hour markers, the typical Nautilus embossed decor, and a discreet recessed anniversary logo.
It is limited to only 700 pieces. This watch is brand new and comes complete with the 40th anniversary presentation box, papers that can be printed in your name and full Patek warranty.
The watch has a retail price of approximately £90,000. Like the finest Hermes bags, it can be immediately purchased by the very lucky few at a premium price, even by those who are not VIP Patek Philippe clients.