31 Oct '16, 4pm

Handbag Sellers are Slashing Their Lineups as Luxury Demand Wanes.

The handbag industry, rocked by slowing department-store traffic and a shift away from purses by millennials, has a new mantra this holiday season: Do more with less. Luxury retailers such as Nordstrom, Bloomingdale’s and Barneys New York are introducing far fewer styles of handbags this year as the critical Christmas season approaches. And the pressure on the industry has fueled speculation that companies like Coach and Michael Kors Holdings should find merger partners rather than fight it out alone. Retailers are increasingly opting to differentiate themselves from competitors by introducing fewer new lines rather than swamping shoppers with too many choices, said Katie Smith, senior fashion analyst at Edited, a data-analytics company for the fashion industry. “Reducing the number of products, making sure they are choosing their products really smartly, can help make sur...

Full article: http://www.thefashionlaw.com/home/handbag-sellers-slashin...

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Handbag Sellers Slashing Their Lineups as Luxur...

informationexclusives.com 31 Oct '16, 1pm

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...

informationexclusives.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...

Now the luxury handbag industry is facing up to a new normal

Now the luxury handbag industry is facing up to...

bloomberg.com 31 Oct '16, 2pm

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

via @luxury

via @luxury

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 slash lineups as luxury demand wanes: The handbag industry, rocked by slowing department-stor...

Handbag sellers slash lineups as luxury demand ...

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