Luxury handbags news and archive

Which luxury handbags have gained the most value between 2020 and 2025?

As gold and silver prices have increased steadily over the last five years, many high-net-worth individuals have been making other strategic investments outside the financial markets. Investing in everything from fine art and rare coins to luxury fashion, a new study from FashioNica, an online platform specializing in the sale of authentic,...

Fashion

Christopher Palu launches debut handbag under rebranded label PALU

New York-based fashion designer Christopher Palu has launched his debut handbag under his rebranded label PALU. Marking the Project Runway alums' first foray in the accessories category, the PALU Icon design sees the designer apply his sharp tailoring skills to handbags. Handmade in New York City from premium leather sourced from an LWG Gold...

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Fashion

Why is the luxury handbag market increasing?

What’s in a bag? Plenty if you ask Chanel, Dior, Louis Vuitton, and Coach. Inflation might be on the rise, housing costs are increasing, and contrary to what some might believe, the global COVID-19 pandemic isn’t over. Despite this, projections for the global luxury handbag market exceed a valuation of 35.4 billion dollars by 2031. Luxury...

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Fashion

eBay announces authentication for luxury handbags

Online marketplace eBay has launched authentication for luxury handbags. New and pre-owned handbags sold for more than 500 dollars from 16 luxury retailers will now be professionally authenticated. eBay started its authentication program in late 2020 which initially included luxury watches, followed by sneakers. Charis Márquez, VP of fashion at...

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Luxury handbag market projected to reach 94 billion dollars by 2028

The global luxury handbag market is expected to reach a valuation of 94 billion dollars by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 5.3 percent from 2021 to 2028. Increased brand recognition and rising spending on handbags in emerging economies are driving the market. An increase in disposable...

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Louis Vuitton bags sell for ‘bargain’ price in London following Brexit

London - Although London remains one of the world’s most expensive cities in the world to visit - for those after a luxury handbag it may just be the city to be. Especially if you happen to be after French luxury label Louis Vuitton iconic and best selling bag, the classic Speedy Bandoulière, as the city has been named the cheapest place in the...

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Infographic - Step inside the luxury handbag

The global fashion market is currently worth a staggering amount: approximately 3 trillion US dollars - that's 3,000 billion US dollars. The eighth installment of FashionUnited’s fashion industry statistics infographic series takes a closer look at the coveted market of luxury handbags. At some point in the 90s, ‘It’ bags became one of the...

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Aspinal of London set to sell stake to back international expansion

British luxury accessories label Aspinal of London has brought on a team of advisors from accountancy firm PricewaterhouseCoopers to help find new investors to back its international expansion plan. The luxury label, best known for its leather handbags, is said to be looking for an investor to acquire a stake in the business to accelerate its...

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Fashion

AnnaBís: the world's first luxury handbag for cannabis

Mary Jane has received a major makeover in the wake of marijuana acceptance across the US, leading to rise of couture cannabis gear. Amongst this new found gap in the fashion market is AnnaBís, a luxury range of handbags designed to conceal your stash, whilst still being incredibly functional and beautiful for everyday use. Founded by...