14 Jun '18, 12am

why fashion’s love of the teeny-tiny handbag isn’t quite as nonsensical as it seems https://t.co/KzYCamPLB7

Last November, a collection of eight miniature Hermès handbags sold for $318,589 at Christie's Hong Kong. For comparison, the median house price in the U.S. in 2016 was $233,300. Also for comparison: these bags each measured six inches wide or less and the crown jewel was a bubblegum-pink Birkin (with 18-karat gold hardware) the size of your run-of-the-mill grapefruit. "There's a growing market for small purses and cross-body bags, and a huge potential," Courtney Ignelzi, the trend editor of Accessories Magazine , told The New York Times last year. A market report by Forbes in January 2016 also noted multiple times "the shift in consumer preferences from larger bags to smaller ones." Ironically, tiny handbags have become big business in recent seasons. "The smaller the better for me," says Clara Cornet, the buying director for The Webster, who likes to carry a miniature Co...

Full article: https://i-d.vice.com/en_us/article/j5mmbg/in-praise-of-ri...

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