Bags of value: Investment-worthy designer handbags under £500
A great wear-everywhere handbag doesn't have to cost the earth - as these budget-friendly designs prove
All products are chosen independently by our editors. Luxury London may earn commission on items purchased.
From crossbody to clutch, micro to oversized, it’s impossible to resist the allure of a new season handbag. And while it may be tempting to indulge in the day’s biggest trends as you select your latest piece of arm candy, worthy investments are all about playing the long game. And, as these designer handbags under £500 show, that doesn’t have to mean breaking the bank.
You’ll never regret choosing classic shades and shapes. It’s hard to go wrong browsing through the edit at Net-A-Porter, where both emerging names and established, well-known brands contribute to a range of beautiful handbags under £500. Key players include the recently launched Clio Peppiatt, as well as Anya Hindmarch, Jacquemus, Isabel Marant, Dragon Diffusion, Staud and Loeffler Randall. Best-sellers on the site this year include Loewe’s summer-ready leather-trimmed raffia tote, Saint Laurent’s Uptown pouch, the Cult Gaia Hera Nano crystal-embellished shoulder bag and Dragon Diffusion’s Nantucket woven leather tote. Something for everyone, then.
Cassie Smart, Head of Womenswear at Matches Fashion, advises investing in a more understated, subtle design that “doesn’t feel trend-driven” so you can wear it season after season. “Versatility and longevity are key when picking out an investment handbag,” she says. “Demellier’s Tokyo and Vancouver, Hereu’s large leather tote, and A.P.C’s iconic Half Moon crossbody are all such great investment pieces that will never go out of style.”
Saint Laurent Uptown leather pouch
Timeless, trans-seasonal, and utterly transformative when paired with pretty much any outfit, this Saint Laurent leather pouch comes in a multitude of classic colours, such as cream, black and tan, and in a range of textures from smooth and supple to funky croc-effect. Slip it in your tote by day and whip it out for a night on the town.
Loewe basket bag
Whether you’re holidaying in Cannes or Cornwall, this classic beach basket from Loewe is a true summer icon and an international bestseller. Hand-woven from natural palm leaves and featuring a large leather plaque emblazoned with the brand’s distinctive logo, this compact piece will be ideal for market shopping, city strolls and trips to the beach for years to come.
Anya Hindmarch Maud clutch bag
Much-loved by the late Princess Diana, Hindmarch’s classic Maud clutch is as elegant today as it was two decades ago. A timeless piece that will work for weddings and black-tie functions for years to come, this smooth recycled satin version is lined in suede and topped with a gilded tassel-shaped clasp. It’s the perfect size for all your essentials, too.
Cult Gaia Hera Nano shoulder bag
A favourite with the Net-A-Porter team, Cult Gaia considers its designs to be affordable works of art that you get to carry with you all day. The slouchy silhouette of this unique piece is thanks to a fluid black satin construction, covered with countless light-reflecting crystals, and knotted at the top. Heads will turn.
Clio Peppiatt pearl-embellished shoulder bag
Hand-embellished with pearl and crystal beads Clio Peppiatt’s party-ready piece is testament to the idea that great craftmanship will never go out of style. The shimmering pearls bring a touch of sparkle to wedding guest looks, so say the Net-A-Porter insiders, but would look equally chic teamed with a blazer, jean, and plain white tee combo.
Marni raffia crossbody bag
Neutral and easy to wear, this raffia crossbody will see you through spring, summer, and every winter sun holiday year in, year out. Match it day or night with a floral dress and slides or white jeans and a slouchy shirt for a high-impact low-maintenance look.
Demellier Vancouver crossbody bag
Sleek, streamlined, and timeless, this Matches Fashion recommended piece is based on the shape of an arrow. Paired with a suit for work or jeans at weekends, this grown-up bag in fresh white with smart gold hardware certainly means business.
A.P.C. Half Moon leather bag
Follow designer Jean Touitou’s lead and take a less-is-more approach to your crossbody bag investment. Made from smooth leather with an adjustable strap and gold hot-stamped logo, this piece is versatile, wearable, and elegant. What’s more, it will stand the test of time.
