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investment pieces

Fashion

How investment dressing can save you money

28th September, 2023

I’m a huge advocate for investment dressing. Buying quality over quantity is not only going to contribute to a better wardrobe, but it also saves you money. How? Well despite the fact that you may have to outlay a little more at the beginning, pieces that are well made, will usually pass the longevity test. I usually prefer to save up for pricier pieces, particularly when they’re staples like a great blazer, or a bag I’m going to use almost daily, as it means that they’re much more likely to withstand the wear and tear of constant use. So, in case you needed anymore convincing, here’s my case for why buying investment pieces will usually result in spending much less in the long run.

Your clothes last longer

This is without a doubt the biggest drawcard of buying well made, quality items. I have investment pieces that have been in my closet for years, YEARS!, and they’re still going strong. The thing with buying quality is that the craftsmanship is usually better, and the same goes for the choice of fabrication and finishes used. If you do the maths, it’s usually a case that spending a bit more upfront will result in less spent further down the line.

You don’t have to buy clothes as often

Quality goes hand in hand with less frequency in having to replace certain garments. I usually prefer to just spend more at the beginning if it means that I’m not having to replace a jacket or pants the following season because it’s looking tired or it’s falling apart. Being able to go into each new season not having to replace key items means that I’m spending less in the long run.

Whenever I’m considering investment pieces the brief is always classic
You can easily rework pieces over and over again

The one thing about investment pieces is that because they’re pricier, I naturally gravitate towards classic styles. When it comes to trend items, I’d rather not spend a fortune as I know they’ll only be around for a season. Also if you opt for classic, it naturally lends itself to being much more versatile. They can be worked back with multiple garments and can be restyled in various ways making them great value in the cost per wear department.

Your purchases are more considered

When you’re paying a significant amount of money for something, I think it naturally makes you pause and think about the purchase because you’re not doing it as often. You’ll look at the garment in a much more careful way, you’ll ask yourself just how many times you’ll be able to wear it and what it works with. This is a great thing and how we should really be approaching every single purchase. Ultimately by thinking fashion buys through a lot more, you’ll find yourself with a closet comprising of pieces that you love, and not items that were purchased on a whim. And really, it’s the impulse buys that can really add up.

You’ll respect your fashion budget a lot more

Most of us have some idea about what we are able to spend on clothes. Some of us may be good at sticking to it, others not so much. When you’re buying cheaper pieces, like a $20 shirt here or a $40 pair of pants there, it feels like you can actually spend a lot more, because a cheap top is much less noticeable finance-wise. Spending a lot more money on something can often inspire you to be more mindful of your budget, simply because there’s a bigger financial outlay to deal with that doesn’t seem so inconsequential. For example, if you’re investing in a four-figure designer bag, it requires a little more consideration and thought than a $10 bag. And guess which option you’re likely to have years from now?

What are your thoughts on investment dressing—is it something that you do?

Fashion

Why investment pieces are worth saving for

4th April, 2020

Kate Waterhouse street style with one of her favourite investment pieces, a Givenchy Antigona bag

This neutral Givenchy Antigona bag is still getting a major workout a few years on from when I bought it

You’ve no doubt heard me talk about investment pieces here on the blog and also probably heard the term bandied around in fashion magazines and websites. However are they really worth the splurge? In a word: yes. And I think it all comes down to cost per wear.

Cost per wear is that magical equation that allows you to not freak out quite so much about the fact you’ve dropped a significant amount of money on just one piece! It’s basically the cost of an item divided by the number of times you wear it. The more you wear it the cheaper it becomes. I’ve always tried to save for the big wardrobe staples that I know I’ll wear season after season.

When it comes to things like a great blazer (I searched high and low for a Balmain one that’s still one of my favourite buys), a good quality handbag and classic coat, I need them to last as I wear them all the time. That’s why I’m prepared to drop a little bit more money on them simply because I know that years down the track I won’t need to replace them and they’ll still be there, kicking on and looking good. This helps me to justify the significant investment as it works out to be just a few cents each time I wear those pieces. The key however, is already knowing which items you’ll be wearing constantly. There’s no point in buying something that you think you’ll wear all the time only to find that you really don’t. Cost per wear flies out the window then!

That said, there’s definitely a lot to be said for a quick fashion fix — I’ve done it because it’s immediate, it’s easy and always guaranteed to be on trend right that minute. I’ll often hit up chain stores for things like t-shirts and lounge wear as they have a short shelf life and I’m not really looking for too much longevity when I buy them.

I think wardrobes are all about balance. My approach is to buy the best quality I can for the cornerstones of my look and then skimp on those that are fun to have, but not a long term addition. That gives me the best of both worlds in that I can always add current cheaper finds with those pricier investment pieces that have been in my wardrobe for years.

Tell me—What are some investment pieces in your wardrobe that have been worth the splurge?
Fashion

Treating yourself with your tax refund? Here’s how to choose a worthwhile splurge item

29th June, 2019
Kate Waterhouse Chanel at Marais boutique launch Melbourne balmain blazer chanel bag bec and bridge dress 2

Kate Waterhouse Chanel at Marais boutique launch Melbourne balmain blazer chanel bag bec and bridge dress 2

It’s end of financial year time and if you’re lucky enough to be expecting a tax refund you may be in the mood to treat yourself. If you’re on the hunt for something to splurge on then there’s no better time to consider purchasing an investment piece to add to your wardrobe. These are often my favourite purchases to make as not only are they special, they’re also usually guaranteed to get plenty of use and have longevity so I feel I’m getting my money’s worth. If you’ve been lusting after something for a long time then perhaps now is the time to take the plunge, but keep these things in mind first…

Choose something that will get plenty of use

This is a given if you’re planning to buy something that’s on the expensive side so take stock of your wardrobe and see what you actually need. For example if you’re after a pair of good quality flats then now might be the time to splurge on a pair of Gucci loafers or Chanel ballet flats. They’re classic designs that will always be in style and crafted beautifully so you’ll definitely have them for a long time. If you think about the cost per wear you’ll probably find that they work out to be cheaper than a pair of shoes that you’ll only wear for one season.

Avoid anything that will date

For me, things that are worth splurging on are handbags, shoes, jackets, blazers and coats as I find they’re usually the workhorses of my wardrobe. It’s important to think classic when it comes to these pieces as you don’t want them to date too quickly.

If you’re thinking about buying a designer bag (or any other pricey item) then be sure to choose a style that’s not identifiable with a particular season–avoid the signature piece of a collection as it’s one sure fire way to have something that won’t be able to work in the long term. Also steer clear of anything that is only going to be around for one season as it won’t age well. A great example of a bag that will work years from now is the quilted Chanel bag which is so versatile (I’ve had mine for ages and I use it so much) and also has been around for decades and is a staple of the brand’s accessories line. Apparently it also appreciates in value so it definitely lives up to being called an investment piece!

A quality bag is a definite splurge buy that’s worth considering

Shop around

Splurging can mean buying something nice but it can also mean buying something extra nice that’s on sale. If you’re planning on buying an investment piece then definitely shop around for the best deal you can get. You’ll still end up with a great piece but at a fraction of the price My Balmain blazer (pictured above) is one such item. I had my eye on one for awhile but I waited until I found it on sale on Net-a-Porter for half the price. It was worth every cent but I was even happier that I managed to save on the cost of it. Shop smart and you’ll definitely get more bang for your fashion buck.

Do you really love it?

It’s easy to get caught up in buying something simply because it’s on sale or you’re just in the mood to spend. However you’re better off holding back and splurging on something that you adore and will wear for many years to come. To ensure that you’re making a worthwhile buy employ the 24 hour test. If you’ve seen something online or spotted something in store don’t buy it immediately. Instead give yourself a day (or even longer if you can stand it) and if you’re still thinking about it then it’s meant to be. It’s an effective way (and one I’ve tried and tested) to ensure that you’re not going to have buyer’s remorse.

What investment piece do you have your eye on at the moment?

 

 

 

Fashion

The fashion investment pieces I’ve got my eye on this year

24th January, 2018

I’m on the hunt for a new black clutch

Every year I map out what I’m planning to add to my wardrobe in terms of investment pieces. These are the big ticket items that I know will have longevity in my wardrobe and will be used constantly so I’m willing to spend a little more on them. As they often require a little forward planning due to their cost I always like to check out my wardrobe to identify any gaps or what may need replacing so I know exactly what I need to add to my list. This year, I’ll be looking to add the following to my collection…

 

Statement earrings

I’m keeping my eye out for some great statement earrings as I think they can really make an outfit. I like the fact that they’re an easy accessory to add to a look and the range of designs available at the moment is incredible. I like to mix it up as far as jewellery brands go so I will always go to big shopping destinations like Net-a-Porter which have an extensive line-up and a great roster of small and big brands to choose from.

Quality jeans

I need a new pair of good jeans that I can dress up. I’m looking for one in a lighter denim, that’s high waisted and in a skinny leg style. Denim is always on high rotation in my wardrobe so I can justify spending a little more on jeans if I know it’s the kind of piece that I will wear constantly and that can be styled in various ways.

Statement heels

 

For me, the statement heel is the kind of thing that will always get a workout throughout the year. With the sheer number of functions I have to attend, a great pair of striking heels will always be value for money as I will wear them so often. My go-to brands are usually Gucci, Balenciaga, Gianvito Rossi, Aquazzura and Alaïa as they always have interesting designs that aren’t so run of the mill. I usually like to choose neutral colours but with bold finishes so it’s easy to work back with numerous outfits without compromising on wow factor.

Black clutch

I’m on the hunt for a new little black clutch. The Chanel one I’m carrying in the above shot has been with me for years and I’m after one in a similar size and in the same classic style. I love bags that can be used on multiple ways, so for example, I favour styles that have a strap allowing me to wear it as a crossbody bag but then if I tuck the strap in I can use it as a clutch. I definitely think you get more value for money that way.

Showstopper belt

I’ve had my eye on this belt for ages. Belts have had a bit of a resurgence as far as accessories go and I’ve been on the look out for one that I know will last more than a season. This belt by Gucci is perfect. It’s classic black, features the iconic interlocking Gs and the addition of pearl studs  elevates it into a true outfit centrepiece.

What investment pieces have you got your eye on?