31 Oct '16, 1pm

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. Millennial shoppers aren’t as into the whole luxury thing, Bloomberg reports, and department stores have continued to see traffic slow down. So in order to survive the holiday season, retailers are introducing fewer new lines, instead of throwing a whole bunch of choices at shoppers, one analyst for the fashion industry said. “Reducing the number of products, making sure they are choosing their products really smartly, can help make sure they’re getting full-price sales rather than discount,” she told Bloomberg. To that end, t...

Full article: https://consumerist.com/2016/10/31/luxury-retailers-offer...

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bloomberg.com 31 Oct '16, 9am

The handbag industry, rocked by slowing department-store traffic and a shift away from purses by millennials, has a new ma...

Handbag Sellers Slashing Their Lineups as Luxur...

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