Nothing goes together quite like shoes and purses — just look in my closet. For that reason, it makes sense that two high-end accessory brands would be interested in becoming one: Despite closing stores and falling sales Michael Kors went shopping this week, placing Jimmy Choo in its shopping bag. [More]
handbags
Surprise Delivery From Neiman Marcus: $40K Worth Of Purses You Didn’t Order
Imagine you get a delivery to your house that you weren’t expecting. Not only is it something you didn’t order, but it’s a very expensive something — almost $40,000 worth of Chanel purses from Neiman Marcus. What would you do? [More]
Coach Goes Shopping, Picks Up Stylish Rival Kate Spade For $2.4B
Just months after Coach began to see promising results from pursuing wealthier customers and selling more high-end bags, the accessories company is ready to reward itself with a little something: rival handbag and accessory brand Kate Spade. [More]
Luxury Retailers Offering Fewer Handbag Choices This Holiday Season Amid Lack Of Demand
Luxury labels are having a rough go of it lately, what with fewer tourists flocking to department stores and slowing traffic at standalone stores. So if you’re looking for a wide variety of handbag options this holiday season, you might be limited in your choices: the luxury retailers that usually peddle high-end handbags are trimming their lineups. [More]
Coach Will Close 250 Of Its North American Department Store Locations
Much like its fellow luxury retail brands, Coach has been trying to turn around its struggling business in recent years. Today, the company said its efforts have actually paid off, and that sales are picking up. But despite that, Coach says it’s time to cut loose about 25% of its department store locations in North America, so it can continue to climb its way back up the retail ladder. [More]
Fewer Foreign Tourists Means Kate Spade’s Sales Are Struggling
Much like fellow tourist destination Abercrombie & Fitch, Kate Spade is having a bit of a tough time right now, partly because there aren’t as many foreigners visiting the U.S. who are willing to shell out big bucks on shopping trips. [More]
Thieves Ram SUV Into Paris Chanel Store, Make Off With Designer Handbags
The lure of luxury goods can be very strong, but thieves in Paris took that desire for designer products to an extreme, police say, using a sports utility vehicle to ram their way into a Chanel boutique, ransacking the store and fleeing on scooters with a “quite significant” haul. [More]
Hermès Says It’s Talking With Jane Birkin About Crocodile Leather Used In Namesake HandBags
If you’ve got a product named after you, should you be able to control how that item is made? Actress Jane Birkin is certainly trying to have her say, telling the company to take her name off the luxury handbag named after her because they’re made from crocodiles who are inhumanely slaughtered. [More]
Coach Responds To Falling Profits By Offering Pricier Handbags
There’s a limited number of women who are interested in spending between $200 and $400 for a purse, and that market is becoming more crowded. What’s a company like Coach to do in the face of falling sales and falling profits? Sell more expensive bags targeted at more affluent customers, of course. [More]
Louis Vuitton's CSI Handbag Division Won't Let Customer Return $700 Purse
Kristie wanted a specific bag, in a specific size, and ordered it directly from Louis Vuitton. They sent her correct item, but in the wrong size. They had sent her the Speedy 25, which costs $25 less and is quite a bit smaller. The company sent her a pre-paid shipping label so she could return the bag and they could correct their mistake. Two weeks later, she received the same box back, with a letter informing her that the bag had obviously been used, and they wouldn’t accept the return.
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Zara, a Spanish fashion chain, pulled a $79 bicycle-and-flowers themed handbag from shelves because of a customer complaint that it also had green swastikas embroidered on it. The bags were made in India and the swastika is a commonly used Hindu symbol. Zara claims the design it originally approved did not have the swastikas. [Reuters]
Hell In A Bloomingdale's Handbag Turns To Heaven, But It Takes Steering
Jack was trying to replace the second of two defective Kate Spade handbags from Bloomingdale’s.
Endless: Amazon Launches A New Brand
Amazon has launched a new site, Endless.com, specializing in shoes and handbags. The site has 250 brands and 15,000 styles and makes the unusual, but tempting, offer of “Free Overnight Shipping.” Really? Really.
Disposable UK Lifestyles
Guess what? Americans aren’t the only ones leading lives of conspicuous, frivolous, dispensable consumption: