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...To draw them into stores, Chanel opened a number of “salons privés” within existing boutiques in Asia, Europe and the US last year....
...Late last year, French heritage handbag house Létrange took over a 4,500sq ft apartment on Rue Saint-Honoré for private appointments....
...The mega brands with their €800 sneakers and €8,000 handbags will endure. But the “aspirational” luxury market is in trouble....
...It remains among eBay UK’s top 10 most searched handbags....
...On the ground floor of London institution Liberty, next to plinths displaying Loewe handbags and shelves of floral-printed stationery, the Maria Tash store is buzzing: mothers and daughters are hunched over...
...That would be handbags, which are suffering from a combination of lower consumer confidence among first-time buyers, particularly in China, and substantial price increases over the past two to three years...
...The brand also sells its handbags and accessories through some wholesalers and in third-party stores across the globe as well as online....
...The end-of-year slowdown hit Burberry’s US retail sales particularly hard, sending store sales down 15 per cent in its third quarter compared with the same period the previous year, with store sales in Europe...
...Chinese consumers have been looking particularly towards gold jewellery as a safe way to store wealth....
...It caters to a more middle-market customer than the uber-wealthy queueing for a Hermes handbag. That makes it more vulnerable in a squeeze....
...This hit the stores only in September. Beyond making reassuring noises, the fashion house would not be drawn on how the collection is selling....
...Twenty years ago this month, on a sleepy block south of Houston in New York, Tory Burch opened her very first store....
...She compares this situation to her love of handbags. “I get lazy about going into my closet and changing [to] carrying another purse,” she says....
...A specially-built rack stores all the fine art, the edges of gilt frames glinting under the strip light. Only paintings with a resale value above £10,000 will be considered....
...Streamers sell everything from fresh produce to luxury handbags, while entertaining and engaging viewers. Livestreaming has caught on in other parts of Asia too....
...There are less customers in the store,” one Louis Vuitton shop assistant said....
...If you want to accessorise with a scarf but not wear it in the traditional way, tie (a small) one to a wrist, add one to a handbag or use as a belt....
...As he walked around Ibiza’s flea markets and stores, he began to wonder: “Is there an Ibiza brand?”...
...They are not waiting to purchase handbags or watches from the French luxury brand, however, but branded chocolates....
...But according to analysts, watches will remain resilient as a store of value....
...Students stride around in designer clothes, clutching leather briefcases and handbags and vaping in the sun on the terrace above the tennis courts....
...Old, new, costume – really everything can be found in this tiny corner store....
...“It’s like doing crowd control during Beatlemania,” a police officer grumbled to a colleague as he swatted away a Louis Vuitton handbag swinging from an animated woman’s wrist....
...This store is homey, cosy, comfortable. That is cool.”...
...Trainers account for 90 per cent of its sales, with ready-to-wear, handbags, other footwear styles and accessories making up the remaining 10 per cent....
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