I know we have been in a recession for awhile now, but I didn't notice luxury goods scaling back until now. The spring and summer collections that are hitting stores for the upcoming season consist of the lower and mid level luxury brands like Marc by Marc Jacobs, Tory Burch, and Kate Spade. While stores like Net a Porter usually stock up with Lanvin, Judith Leiber, Marc Jacobs, Balmain and Chloe, this Spring the selection is scant to say the least. The majority of the handbags are less than $1,000. Yikes! Chanel, Gucci, Louis Vuitton and Hermes, I'm sure, are feeling the pinch.
The above bag is one of the new Marc by Marc Jacobs handbags. It's a cute and affordable cross body bag. It's the 'Petal to the Metal' bag and reflects Marc's signature bird detail. It comes in grey and black. $398 at NORDSTROM
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Tags: designer handbags