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As Handbag Sales Dip, the Luxury Bag Sees a Renewed Focus at Retail

1 month ago   |   By WWD

The status bag, the shining star of the handbag category, had its golden period in the Aughts. Names like the Paddington, the Muse, the Saddle bag or the Motorcycle bag were part of a trend for an “It” bag of the moment.
Now, more than a decade later, the idea of one bag having it all has dimmed. According to an October report from The NPD Group, the handbag business is down 20 percent in the first eight months of 2019, compared to 2016.
Using the amount of bags on the spring runways as an indicator, the category is still a key driver of business and buzz for brands, but the entry points...
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