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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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