Trends in the Luxury Goods Market
While some makers of luxury goods, including handbags, have experienced declining sales due to economic slowdowns in China and Europe, others are growing. Prada saw declining sales in 2013 in important markets, including China and Italy. Unfavorable exchange rates also played a role in the fall in sales, especially in the third quarter of fiscal […]
Michael Kors Experiences Rapid Growth
Luxury fashion label Michael Kors has experienced significant growth over the past year and is cutting into the business of rival fashion designers, including Coach. Michael Kors saw a sharp rise last quarter in comparable-store holiday sales and profit margins. Michael Kors is best known for its line of luxury handbags, but the label has […]
Luxury Sales Among International Travelers Are Growing
The makers of luxury clothing, accessories, cosmetics, and perfumes are expanding their reach internationally by targeting travelers. Many of the industry’s leading companies, such as Christian Dior, Louis Vuitton, Hermes, Chanel, and L’Oreal, have opened boutiques in airports and on cruise shops around the world to appeal to tourists, particularly those from Asia, who are […]
Lancaster Paris Launches U.S. Ad Campaign Featuring Karlie Kloss
French designer Lancaster Paris, known for its handbags and accessories, is seeking to expand its reach in the United States with an advertising campaign set in New York that features America model Karlie Kloss. The campaign was shot by famed fashion photographer Guy Aroch. Lancaster Paris has changed several key design elements to help it […]
Burberry to Fight Chinese Trademark Decision
China’s Trademark Office has cancelled the trademark protection for Burberry’s signature Haymarket check on leather goods, such as handbags, saying the design has not been used enough in China in the past three years to continue to be protected. China’s ruling means that, if upheld, it would be legal for rivals to copy the design. […]
Hot Summer Handbags Designs
Don’t break the bank on expensive handbags this summer. You can get all the same great styles for less when you buy designer inspired handbags.
Coach to Increase Prices to Differentiate from “Affordable Luxury” Brands
Coach has announced they will be selling their handbags at a higher price to separate themselves from affordable luxury brands like Michael Kors.
How Hermes went from Saddles to Handbags
Here is how the internationally known luxury brand Hermes went from selling saddles to handbags.
Turning Florida’s Python Problem into Handbags
Many designers are using snake skins from pythons in Florida as material for their handbags.
New York Council Member Pushes for Law against Buying Fake Handbags
New York council member Margaret Chin is pushing for her legislation that would make it illegal to buy counterfeit handbags to be passed.