Here are Leslie Mann and Cameron Diaz flashing designer bags on the set of The Other Woman in NYC. Leslie’s carrying a Gucci Emily Guccissima Shoulder Bag, while Cameron’s holding a Stella McCartney Falabella Fold-Over Clutch.
Luxury-industry insiders and moguls met for the Financial Times Business of Luxury Summit 2013 in Vienna, Austria, over the past few days, and lots of interesting tidbits of information came out of the event’s who’s-who list of speakers, which included luminaries like Alexis Babeau, Managing Director of Luxury at Kering, and Andrew Rosen, CEO of Theory and Helmut Lang (and a huge investor in Proenza Schouler, among others).
Luxury, as with everything else, has its levels. Luxury perfume and cosmetics are the entry level, according to both price and deliberate positioning by designer brands. Handbags and shoes are the next step up; they’re much more expensive, but still accessible because they’re durable goods that don’t require the wearer to maintain an adolescently slender frame.