Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services.Buying a designer bag is a fairly substantial purchase, especially if it’s your first time taking the plunge.
It may be less of an event if you’re blessed with a hefty disposable income, but even shoppers who have several bags in their collection like to carefully consider their next big splurge.Statistics actually show that the luxury handbag market is booming, with major fashion conglomerates such as LVMH reporting a 27% increase in revenue.
This may be attributed to the aftermath of the COVID-19 pandemic. Experiencing the lockdowns may have caused a psychological shift, as Christie Chung, professor of psychology at Northeastern University, explains.
Faced with the reality that few things are certain, you may feel inclined to finally treat yourself and scoop up that accessory you’ve always dreamt of owning.But how does one decide which type of bag to buy or which designer to choose?
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