Even though shoes are having their runway moment right now, bags have been a major focus in the past few years as well. Consumers have been pushing towards purchasing luxury goods and handbags that are long lasting, everyday wear items.
According to WWD, Coach Handbags are the most recognized brand when it comes to consumers. I don't have anything against the people who carry the bags, but it's a pet peeve of mine and I can't handle it. Everywhere I travel, whether it be anywhere in the U.S. or even Southeast Asia, these logo bags are everywhere. Even in Honolulu, Hawaii, the abundance of Coach stores makes it look like the Starbucks of handbags. The brand has grown to be worth $2.6 billion, and if consumers continue to buy their products, they hope to make it $5 billion in the next few years.
According to WWD, Coach Handbags are the most recognized brand when it comes to consumers. I don't have anything against the people who carry the bags, but it's a pet peeve of mine and I can't handle it. Everywhere I travel, whether it be anywhere in the U.S. or even Southeast Asia, these logo bags are everywhere. Even in Honolulu, Hawaii, the abundance of Coach stores makes it look like the Starbucks of handbags. The brand has grown to be worth $2.6 billion, and if consumers continue to buy their products, they hope to make it $5 billion in the next few years.
Coach is definitely a brand that is more accessible than Louis Vuitton that got the number 2 slot. At least you can get a Coach bag on sale at any major department store, but at Louis Vuitton... not so much. Louis Vuitton never goes on sale, let alone their prices never go down. Only about 2% of people carrying Louis Vuitton bags have the real deal, which is a extremely low percentage considering the monogrammed bags have been around for decades. On average, a Coach bag is $400, a price that is more attainable in suburban America, but why not choose something without the logos? For example:
Alright, I know it's little steep (on official Coach website, $4800) but it definitely looks a lot more sophisticated than the first one photographed above. Plus an exotic ostrich bag will always end up costing more.
Or you can always go a different route and not choose a Louis or Coach and get a Marc by Marc Jacobs bag, which is just as trendy, but less people are carrying it around. Prices on Marc by Marc bags are close to Coach ones. On average probably like $450 and they are available at Macy's and Nordstrom stores. If you don't have either of those stores in your town, you can always get them on http://www.nordstrom.com or http://www.eluxury.com.
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