When my friends buy rare and expensive fashions, they rationalize with one familiar statement: "Well, it's an investment". In theory, they're right. It's certainly true that limited edition pieces can increase in value just like paintings would. At auction houses, Warhol soup cans sell for exponentially than they did in the '60s. And in consignment shops, rare Pucci shifts fetch hundreds of dollars more now than they did in the '70s. Even more affordable styles - if they're scarce - can be investments. Not Plastic bags and Proenza for Target dresses start ebay bidding wars - chances are, you've tried to battle yourself. Today's WWD explores this phenomena. The most fascinating point: According to the article, some people who buy rare bags, shoes, and dresses never have the intention of actually wearing them. Instead, they see their beautiful Chanel gladiator sandals as a mere opportunity to turn a profit. But what's the real investment: Making a few hundred bucks off your limited edition Fendi, or being able to wear it the rest of your life? --NATALIE MATTHEWS
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5 Pairs of Shoes That Are Worth the Investment
I can't tell you exactly how my obsession with shoes began (I SWEAR it has nothing to do with Sex and the City), but I can tell you the first time a pair really blew my mind. A couple of years back, a friend of mine wore these Burberry studded platform sandals from the Fall 2007 runway. They were sexy, slightly tough, and managed to make even the simplest outfit chic. Even if I could have afforded to buy these beauties, they were completely sold out--probably due to the fact that editors and celebrities everywhere were spotted in them. While I've never splurged on a pair of designer shoes, I've made a little promise to myself: When I land my first full-time job, I will treat myself to one...even if it takes a few months of saving. Although that day hasn't arrived, I've compiled a list of shoes that I think are worth the extreme price-tags. The picks might not all be classics, but they're so special that you'll surely wear them again and again. PS: I still scour eBay every once in a while hoping to come across my Burberry dream shoes in a size 37.