Handbag Makers Compete for Control of Luxury Leather Supply

The market for luxury leather accessories has been growing, making up 30 percent of the personal luxury goods market in 2014. Leather goods have high profit margins and high sales productivity, often sell at full prices, and have sustained interest from consumers. Demand for leather exceeded supply in 2013 and hit an all-time record high […]

Customers Who Pre-ordered Everpurses Still Waiting for Kate Spade Replacements

Customers who pre-ordered Everpurse handbags are disappointed that they have not received them or the replacements they were promised, even though the purses are available to new customers online and in stores through Kate Spade. Chicago-based startup Everpurse makes handbags that can charge cell phones. Dan and Liz Salcedo founded Everpurse in 2012. The company […]

Michael Kors Changes Strategy to Boost Sales

Luxury handbag label Michael Kors sold 22 styles of handbags in the last quarter, its largest number of offerings ever. Saddlebags, mini bucket bags, and quilted bags were top-selling items. Even though Michael Kors handbags are popular, millennials have been embracing smaller and less expensive handbags, which has led to a decline in sales of […]

Encouraging News for Coach

Luxury handbag maker Coach is showing signs of improvement. The company reported its slowest decline in nine quarters, evidence that its efforts to revive its image and win back customers are starting to pay off. Coach’s sales declined by just 0.8 percent in the last quarter. In the previous three quarters, sales declined by 11 […]

5 Reasons Not to Buy Fake Designer Handbags

With the holidays coming up, people are thinking about buying gifts for family and friends. If money is tight and they cannot afford to buy luxury goods, some people decide to buy knockoffs that look like higher-priced goods. Many people think this is innocent and harmless, but buying counterfeit goods can actually harm people in […]

Heritage Auctions Offers Judith Leiber Handbags

Heritage Auctions in Dallas recently began offering a special presentation of some of designer Judith Leiber’s most iconic luxury handbags. The collection includes several bags that Leiber designed for First Ladies. The Art of Judith Leiber Luxury Collection™ will include over 500 special pieces. The first group of 300 handbags will include a unique White […]

Stella McCartney Sues Steve Madden for Copying Falabella Bag

British fashion designer Stella McCartney has filed an intellectual property lawsuit against rival brand Steve Madden, which sells fashions inspired by runway designs at much lower prices. The lawsuit, which was filed in the Southern District of New York, accuses Madden of knocking off McCartney’s Falabella Foldover tote bag, one of her best known and […]

How to Choose the Perfect Statement Clutch

Styles change each season, but handbags are pricey, so you don’t want to have to buy a new “It” bag every year. You should invest in a clutch with a classic design that will stand the test of time and can be worn with a variety of outfits in every season. An evening clutch can […]

Kerry Washington and Dee Ocleppo Design Purse for Charity

Last week, while Pope Francis was visiting New York City, actress Kerry Washington, who plays Olivia Pope on “Scandal,” was inside the Plaza Hotel for a very different reason. Washington, Dee Ocleppo, and Tommy Hilfiger hosted a cocktail party at the hotel to introduce the Allstate Foundation Purple Purse. The limited-edition handbag was created to […]

Yves Saint Laurent Overcomes Handbag Challenges by H&M

Luxury fashion house Yves Saint Laurent has overcome two Community design challenges brought by retailer H&M in the European Union, which claimed that YSL’s handbags were similar to H&M’s designs. Both designs were for rectangular handbags with no visible seams on the body. One bag was dark brown, while the other was a lighter brown. […]