Until recently, you’d have to pry my AmEx out of my cold, dead hands before I’d consider a purchase that wasn’t sold at an outlet or shipped via Amazon Prime. But the fact is, once you buy that perfect, goes-with-everything-use-it-every-day black bag of your dreams, the desire to buy another bag disappears.
“A trench [coat] from Balenciaga or Gabriela Hearst, a pair of loafers from Loewe or Nicholas Kirkwood, a biker jacket from Acne,” lists Natalie Kingham, buying director at MatchesFashion.com. “Items such as these are worth the investment. Not only are they eternally cool and chic, but they are timeless and never date.”
Including Kingham, we tapped three luxury buyers to give us their expert advice on shopping smart. Unsurprisingly, they unanimously agreed to stick to to quality basics when investing, but the rabbit hole goes deeper than that. Read ahead to see their 7 lesser-known tips on the best way to spend—including the items you should never splurge on.