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 […]

Handbags Celebrities are wearing this Fall

The hottest handbag styles for this fall will be satchels, bucket bags, and totes.

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.