Known as the world’s most valuable luxury brand, Louis Vuitton remains a leader in providing handcrafted luxury handbags in the most creative and elegant designs. 2014 began a new era for the company as Marc Jacobs stepped down as the company’s artistic director after a successful 18 year career. His successor, Nicolas Ghesquire, debuted his highly-anticipated handbag collection this year which set the tone for the company’s vision of going forward to focus on .
Luxury at a Discount As the luxury handbag joins the global multibillion dollar market as another exclusive niche, the desire for such fashion items is creating an active secondary market for used high-end bags. As with premium watches, automobiles and other tokens of financial strength, the demand for such accoutrements often creates a market used and pre-owned versions. If you are one of those who wishes to own a luxury handbag at a discount, .
Luxury handbags are the ultimate blend of fashion and function, and they are an indispensable part of any on-trend fashionista’s collection. When it comes to designer purses, some brands rise to the top again and again. If you’re starting a designer handbag collection, you can’t go wrong with a bag from Coach, Louis Vuitton or Chanel. These labels are the top three searched-for luxury handbag brands worldwide, according to an international study by the .
In October of this year LVMH put out a press statement that it was projecting a marketing slowdown for the luxury handbag market. The French company, better known as Louis Vuitton, stated that it was realized a slowdown in its own luxury goods division which was due to an overall market softness. Louis Vuitton’s projects may have been biased by the fact that it was suffering its own internal problems at the time with .