22 Feb '13, 12am

At Prada, There's Money in the Bag: Prada's handbag business is booming as luxury handbag makers are grappling...

MILAN—On Prada's catwalk Thursday night, turquoise and brown clashed on gingham-patterned bowling bags. But the odd pairing is likely to be harmonious for the Italian fashion house's business when the bags hit shelves this summer. Prada built a following 20 years ago with minimalist black nylon backpacks. But the label stashed them in the back of its closet in favor of eight new handbag collections a year in bold colors and shapes. The current flavor of the month is a cut-out flower motif that appeared on the runway last fall. And the result is a booming handbag business. The leather-goods ...

Full article: http://online.wsj.com/article/SB1000142412788732386430457...

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