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Showing posts from July, 2021

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Affordable luxury brands are booming in popularity Bets on the top performing retailer this holiday don't favor the storied haute couture companies not Chanel with its $4,500 handbags, nor Neiman Marcus and its $150,000 bespoke falconry set. Instead, it's Michael Kors Holdings an American sportswear brand from a sassy former "Project Runway" judge that's roundly predicted to crush Christmas. The company is what's known as a bridge brand, operating on the low high quality designer replica handbags wholesale end of luxury. Its handbags generally cost less than $500. But the sector's mix of just high enough prices and accessible yet glamorous design makes brands such as Kors, Kate Spade and Tory Burch like catnip for consumers who are sick of curbing their spending but still wary of an uncertain economy. "American consumers have been sitting on their hands for many years," said Bob Shullman, founder of the luxury focused Shullman Research Center