Infographic - Step inside the luxury handbag

The global fashion market is currently worth a staggering amount: approximately 3 trillion US dollars - that's 3,000 billion US dollars. The eighth installment of FashionUnited’s fashion industry statistics infographic series takes a closer look at the coveted market of luxury handbags. At some point in the 90s, ‘It’ bags became one of the ultimate markers of status and supreme fashion tastes. During the 90s, brands like Coach, Gucci, and Louis Vuitton had the monopoly on the luxury handbag market with their heavily logoed designer bags and paved the way for the rise of other brands, such as Celine. The last decade of the 20th century saw an explosion in the luxury handbag market as they became a must-have for many shoppers. Discover the infographic to learn more, and to find out why a Hermes Birkin bag is a better investment in gold.