Wholesale Handbags Bring in Serious Bank

If you are reading this blog, you are one of two people – a major fan of western handbag fashion or a business owner looking to stock up on wholesale handbags. If you are the former, you know you love stores that carry a plethora of styles and fashion accessories to help define your look whenever you go out. Anyone can tell you – just one handbag in your closet just isn’t enough. If you are the latter, you need to make sure your shelves are fully stocked with the best – and newest – handbag choices for the western style enthusiast.

The proof is in the data regarding handbags, whether imported or exported. In Vietnam alone, handbags generated more than $1 billion in exports for the Asian country, according to SGGP. This has contributed greatly to the leather industry in the country:

“Handbags constitute one of the 26 items bringing in huge profits in the leather export industry, and even though handbags, wallets and suitcases are made of leather, they are a strong commodity by themselves. So far only foreign direct investment companies have exported handbags. Next year, the leather shoe and handbag sector is expected to have an export turnover of $8.5 billion; of which, the shoe sector could reach $7 billion and the handbag sector $1.5 billion.”

Leather is one of the bigger products exported from Vietnam, the article says, with a number of different varieties being sent to European countries and Brazil. This data extends to the US market, with the sale of luxury items like designer handbags up more than 5% in 2011. These numbers will certainly grow in the next year, giving business owners more than enough reason to stay up-to-date with their western style items.

For more information about western wholesale handbags, visit Best Handbag Wholesale, a world leader in the sale of wholesale designer handbags.

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