Stylish bag is an accessory without which a fashion conscious person's wardrobe is incomplete.
International luxury brands with their exotic and expensive bags are eyeing not only the ladies but even men's segment.
Indian consumers are more conscious of their appearance and are aware of global brands and fashion trends. There is a boom now in luxury products, says Aigner India brand manager Rekha Arora.
Bags for every occasion — made of Calfskin, buckskin, elkskin, patent leather, suede and fabric are mixed and matched for innovative designs. An Aigner Derby for women can range between Rs 80,000 to Rs 1 lakh, she claims.
'Statement' designed for travel and business is actually a comeback of the good old briefcase with prices ranging between Rs 31,500 to Rs 99,000.
Sales are high side as India emerging as a market with greater disposable income and bags are seen as a symbol of sophistication and prestige, said Tikka Shatrujit Singh, adviser to Chairman of Louis Vuitton.
It introduced 'Lockit' with a classic appearance priced at Rs 1.1 lakh maintaining the snob value whereas workbags for men range between Rs 50,000 to Rs 1,20,000.
“Handbags shows a person's taste and desire for a luxury brand hence great care is taken in selecting handbags that enhance traditional Indian wear,” states Xavier Bertrand, Managing Director, Chanel India.
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