Most consumers would never knowingly buy a knockoff of a designer handbag because they consider it unethical or view the items as being of poor quality. Many people are not aware that some retailers sell “dupes,” which are versions of luxury brands that offer the same results at a fraction of the price. Dupes can […]

According to consultants Bain & Co., spending by tourists accounts for a third of the sales of luxury goods. Since the terrorist attacks in Paris last November, fewer tourists have been traveling to Europe. Spending by tourists declined by 5 percent in Europe and 16 percent in France following the attacks in Paris. The situation […]

After a period of time in which handbags seemed to be declining in popularity, they appear to be making a comeback. According to a note that Wells Fargo analysts wrote to clients, consumers seem to be embracing handbags again. That is good news for brands like Coach, Michael Kors, and Kate Spade. All of those […]

Mansur Gavriel, the company known for its bucket bags, filed a lawsuit in the Southern District of New York on March 9 against several Italian companies that it says have copied its designs. Mansur Gavriel alleges that the other companies produced bags that are nearly identical to its bucket bags after the products became popular. […]

Shares of Kate Spade stock rose after the handbag company reported fourth-quarter sales figures that were stronger than its competitors, Michael Kors and Coach. Kate Spade also performed better than the broader handbag market. Kate Spade’s sales rose 14 percent in the fourth quarter, even though it ran fewer holiday promotions than it had the […]

Handbags can be expensive, especially if they are made from quality materials by top designers. With consumers often spending hundreds or even thousands of dollars on designer handbags, it makes sense to take care of them so they will last as long as possible. Here are some tips to help you extend the life of […]

Milan-based fashion house Furla has experienced significant growth in the past year in demand for accessible, or affordable, luxury products. That category includes goods that are sold at prices that fall between those for mass fashion and ready-to-wear. The company announced last week that like-for-like sales rose 23 percent last year. Sales increased by 53 […]

A new trend in the accessories market is the shift to smaller wallets and handbags. This is happening because women do not need to carry as many things on a daily basis as they did in the past. Women’s wallets historically have not changed much. They are less visible in stores than handbags and are […]

A designer handbag can be a smart investment that can hold its value for many years. Used bags made by top designers often sell for close to their purchase price. Some even increase in value with age. Before you buy a designer handbag that you want to eventually resell, read these tips to make sure […]

After years of discounting prices and declining sales, Coach appears to be making a comeback. The handbag label reported on January 26 that net sales increased by 7 percent to $1.27 billion for its second fiscal quarter that ended December 26. Growth in China and its men’s lines were responsible for much of the increase. […]