Christie’s conducted its first live auction of over 120 luxury handbags from top designers, including Hermes, Chanel, Bottega Veneta, and Louis Vuitton, in Hong Kong on November 24. The collection of handbags is estimated to be worth nearly $1 million. The auction house hoped to draw in new buyers who have not participated in auctions […]

In an attempt to boost sales and appeal to younger consumers, luxury handbag maker Mulberry is introducing less expensive bags and accessories. The company is introducing a line of several more affordable accessories to appeal to middle class shoppers. The collection includes phone covers, tasseled keyrings, and totes that cost significantly less than other handbags, […]

Kate Spade Co. is positioning itself as a leader in the luxury handbag market. Sales rose by 30 percent from $192.7 million in the second quarter to $250.4 million in the third quarter and are expected to reach $1 billion by the end of the year. That led shares to rise by 21 percent. The […]

Upscale New York-based department store Henri Bendel introduced its new six-piece collection of luxury handbags last week. The company launched the new Premium line of bags and updated its classic designs in an effort to increase its sense of quality and exclusivity. The introduction of the new handbags is intended to establish Henri Bendel as […]