While a designer purse may seem like a major splurge, the prestige that comes along with a brand-name bag makes it worth the investment. In fact, many consider it a better investment than even gold or the stock market, reports WhoWhatWear. Unlike other fashion accessories, luxury bags typically retain or even surpass their retail price on the resale market — especially if they’re purchased pre-owned and taken care of. The best part is that the chic accessory will also serve as a statement piece in your wardrobe.

Whether you’re a newbie looking to invest in your first designer handbag or a seasoned collector in search of new cult favorites, Saks has your back. We’ve curated the season’s most coveted designer purses, including the newest logo totes and carry-everywhere satchels with room for everything from a laptop to your entire makeup kit.

For a classic yet modern designer bag, look no further than this Gucci Jackie bag that’s as neutral as you are. The deeper red shade and turnlock closure feel refined, while the studding and hardware add a touch of edge. If you prefer a more spacious designer work bag, try this Loewe puzzle bag. The boxy silhouette is both functional and artful, and it’s a favorite among fashion influencers and stylists. It’s available in a wide variety of colors, so you can match it with the rest of your outfit to complete the look. The coveted brand has also released new iterations of its iconic luggage tote and trapeze-shaped shoulder bag, which are both buzzing on social media and among celebs like Kaia Gerber and Gigi Hadid.

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