The phrase ‘investment piece’ in fashion used to be little more than a justification for an expensive purchase. A good coat, a timeless handbag — something you’d wear for years, so the cost per wear ‘was worth it’.
Flash forward to 2026 and the idea of fashion as an investment is no longer just a glossy magazine trope. With the new financial year approaching — and the annual ISA allowance under renewed scrutiny (fear not, it doesn’t reduce until 2027) — some shoppers find themselves asking a different question: could certain pieces of secondhand luxury actually perform better than cash sitting in savings?