Last Updated on May 24, 2023
I love designer bags as much as the next woman, but I just can’t bring myself to drop thousands on one.
I know the skill and precision that goes into making each and every luxury bag, and I appreciate it wholeheartedly. They’re made to last a lifetime, and I believe that ethos is something we should all get behind.
Then there’s the fact that they actually increase in value as the years go by. If you’re wondering whether it’s a sound investment, Charlotte Staerck, CEO & Co-Founder of The Handbag Clinic, told us: “There has never been a better time to invest in luxury handbags.

“The handbag market has risen in value by an average of 8% year on year between 2004 – 2016, with an all-time high of 13% in 2021.
“To put it into further context, the FTSE and gold, which were until now regarded as a safe haven for wealth, both increased by 39% in the last decade, whilst Birkin bags grew in value by 108% within the same period and 500% in the last 35 years.”
So buying one is obviously worth it, if you can afford it. But you shouldn’t go out of your way to spend thousands on a bag (if you can’t easily afford it) when there are so many incredible designer bags for less than £1,000 that you’ll love just as much.
Take Loewe’s raffia tote, for example. It’s fast become an It bag for its versatility, and it’s surprisingly affordable at £395.
Then there’s Jacquemus’ Le sac Rond tote bag. With an oversized rounded handle and the brand’s iconic logo emblazoned in gold on the front, it has cult status written all over it.
If you’re looking to invest but don’t want to spend too much of your hard-earned cash, look no further. Here are some of the best designer bags you can get now – and they’re all under £1,000.
Next, check out these luxury backpacks.
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Wear Next may receive a small commission if you click a link from one of our articles onto a retail website and make a purchase.
Shop designer bags under £1,000

GG Marmont half-moon shaped mini bag, £975, Gucci – buy now

The Logo Strap Snapshot crossbody bag, £300, Marc Jacobs – buy now
Le sac Rond tote bag, £690, Jacquemus – buy now

Cookie Mini leather shoulder bag, £979, Fendi – buy now

Ophidia Jumbo GG mini bag, £765, Jacquemus – buy now
Woody mini cotton-canvas tote bag, £610, Chloe – buy now

Mini Triangle crossbody bag, £950, Prada – buy now
The Medium Tote cotton-canvas tote bag, £335, Marc Jacobs – buy now
Woven raffia small basket bag, £395, Loewe – buy now

Tabby Pillow crossbody bag, £464, Coach – buy now

The Bumper shoulder bag, £560, JW Anderson – buy now
Le Coeur heart-shaped leather cross-body bag, £790, Alaia – buy now

Bonny satin tote bag, £650, Jimmy Choo – buy now
Uptown envelope leather pouch, £490, Saint Laurent – buy now