Months after Coach went on a shopping spree, picking up rival Kate Spade for $2.4 billion, the company has changed its name to Tapestry. [More]
purses
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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]
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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]
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Vera Bradley Is The Latest Retailer To Have Payment Systems Hacked
If you bought a colorful, pattern-heavy bag, purse, or other accessory from Vera Bradley this past summer be warned: the retailer says it is the latest company to be hit by a payment system breach. [More]
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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]
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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.