During uncertain economic times, most economists recommend sticking with the blue chips. When it comes to fashion, a similar theory is in play, invest in classics. Burberry has a high quality timeless styling with a pedigree. You need a well-made bag or coat that will endure year after year.

Luckily, many of their sought-after styles are currently on sale. A Haymarket wristlet is now $239, down from $350. A wool and cashmere coat is now $699 down from $995.