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 […]
Need some Extra Cash? Pawn your Luxury Handbag
Pawn shops in Asia are starting to give loans on expensive luxury handbags.
The Top 10 New Designer Handbags
Here are the 10 hottest new designer handbags for 2013.