Forbes Showcases Ridiculously Expensive Handbags
Jacqueline Biggs — May 26, 2006 — Luxury
Forbes’ most expensive handbags:
While not ever one might be stricken with handbag lust, after long runs of popular, fashion forward shows like Sex in the City, it is certainly a well known affliction. Most of us are content to settle for bags in our price range, but for those who have no price range, a five-figure handbag is the ultimate in luxury and style. Forbes’ put together a list of the top ten most expensive handbags, all of which seem to be in crocodile. The list includes the $27,700 black crocodile Fendi B bag, the $18,990 YSL Muse bag in white crocodile, $15,000 Zac Posen Alexia in blue croc and the $12,880 chocolate croc Chloe Paddington bag.
Set aside your lust and be content with handbag envy and view the full slide show.
While not ever one might be stricken with handbag lust, after long runs of popular, fashion forward shows like Sex in the City, it is certainly a well known affliction. Most of us are content to settle for bags in our price range, but for those who have no price range, a five-figure handbag is the ultimate in luxury and style. Forbes’ put together a list of the top ten most expensive handbags, all of which seem to be in crocodile. The list includes the $27,700 black crocodile Fendi B bag, the $18,990 YSL Muse bag in white crocodile, $15,000 Zac Posen Alexia in blue croc and the $12,880 chocolate croc Chloe Paddington bag.
Set aside your lust and be content with handbag envy and view the full slide show.
Trend Themes
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Luxury Handbags — There is a growing demand for luxury handbags made from exotic materials like crocodile, offering innovative designers opportunities to craft more exclusive high-priced handbags.
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Pricey Accessories — Businesses could innovate by targeting consumers with no price range by creating and promoting high-priced accessories, giving the affluent populace more options to flaunt their wealth.
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Handbag Obsession — There's an increasing interest in handbags due to their exclusivity and association with luxury, which could lead to more startup opportunities targeting consumers who want to make a statement with exclusive handbags.
Industry Implications
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Fashion Industry — The fashion industry can leverage the demand for luxury handbags to create high-end collections to cater to wealthy buyers who want to own exclusive and expensive accessories.
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Leather Industry — The leather industry could explore new techniques and materials to produce exotic leathers like crocodile more sustainably, creating eco-friendly luxury alternatives for consumers who are willing to pay exorbitant prices.
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Luxury Retail Industry — Luxury retailers can innovate by partnering with niche luxury handbag designers and offer more exclusive one-of-a-kind handbags to target high-end consumers who value uniqueness and quality in their accessories.
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