Luxury Designer Bag Investment Series: Fendi Peek-a-boo Bag Review – History, Prices 2020

I started a series called: Luxury Designer Bag Investments – Are they actually worth the money? and will be going into the history & background, along with as many notes as possible into each Iconic Bag and how it reached Cult Status… and presumably stayed there!

As there are many bags, I will be posting a new one every week until I run out. ?

Today, introducing the…

Fendi Peekaboo Bag

HISTORY: Why & how it became famous

It debuted in the Spring 2009 Milan show and was popular but then died off. However, it gained a new following in 2014 when it was reintroduced again and is one of Fendi’s most popular models which is incredible! It is all thanks to creative director of accessories Silvia Venturini Fendi.

Normally, bags are popular, and then they die off, but they don’t rise again like a phoenix from the ashes.

It was named after a childhood game where the top flaps are easily ope and shut with twist locks.

Another theory is that the bag opens at the top and peeks the bag open to have a look to reveal what is inside.

PRICE LIST for the Fendi Peekaboo (Large)

Year	Price in $USD
2009	$1980
2013	$3400
2015	$3950
2018	$4200
2020	$4550

RETURNS ON A FENDI PEEKABOO

The bag has increased in value of 91% in value since 2009 when it originally cost $1980.

If we normalize it to 2020 dollars, $1980 back in 2009 is now worth $2382.19.

In stores, it sells for $4550 for a difference of $2167.81 or 91% over what its price would be, taking inflation solely into account.

(Remember, value is also subjective because someone has to see that and buy it from you at that price, just like with stocks, but a lot trickier to liquidate. Also, who is going to buy an old bag when they can buy a new one for the same price?)

The S&P 500 had you invested that same $1980 and not touched it or added any money to it, would have returned: $7683.73 even with the recent 2020 drop due to the virus: