Hermes Blue Crocodile Birkin

If you live in Hong Kong, have an impressive handbag collection and find yourself short on cash, you’re in luck – you might be eligible for a handbag loan! According to the Wall Street Journal, one enterprising lender in the burgeoning Chinese luxury retail hub is helping wealthy women, many of them housewives, turn their prized handbags into quick cash, from a couple hundred bucks to many thousands.

Louis Vuitton Las Vegas

And the luxury leather goods slap-fight continues! Just when you thought that LVMH might be appropriately chastened by its multi-million euro fine for using what amounts to using subterfuge and trickery to compile a rather enormous stake in family-owned Hermes, the French fashion conglomerate, helmed by Bernard Arnault, goes and does it again, according to Women’s Wear Daily.

Coach Poppy Embossed Python Flight Bag

For a man who’s just been given a new job, the detail that former Loewe creative director Stewart Vevers went into when talking to Women’s Wear Daily about his nascent arrival at Coach and what it means for the future of the brand was pretty impressive.

Loewe Amazona Exotic Bags

First of all: It’s not Marc Jacobs, so everyone can quit bugging him about it. Second of all: We were correct to speculate that Coach might tap a former Mulberry creative director as heir to Reed Krakoff’s throne when he departs in the near future, but we just didn’t speculate about the right one.

The Mirf Hermes Graffiti Birkin Bag

Twice is a coincidence, but three times is a trend, so now that we’ve found a fourth Hermes Birkin covered in graffiti, I feel pretty comfortable saying that defiling the iconic handbag with pain, markers and pens is officially a thing.

Illegal Counterfeit Handbags

If you’ve ever walked along Canal Street, you probably have a good idea of just how big of a business fake handbags are on the black market in New York City. Even when you’re walking quickly, by yourself, with your sunglasses and headphones on (which are basically all the quick visual cues for “not a tourist, don’t bother me” in NYC), it’s hard to make it more than a few steps down that famous street without hawkers shoving price lists and stock cards in your face.

Handbags and shoes at work

I’ve worked in the fashion industry for the vast majority of my post-college life, so occasionally, I forget what it’s like for people in more traditionally corporate or conservative environments, who likely constitute the bulk of women who have the funds to buy themselves designer handbags and shoes.

Gucci Interior Label

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).

Louis Vuitton Store Las Vegas

If you’ve been following this strange story since the beginning, you know that LVMH, the luxury conglomerate that owns Louis Vuitton, has been in some hot water with European financial regulators lately over CEO Bernard Arnault’s covert maneuvers to acquire a significant portion of stock from one of his company’s biggest rivals, Hermes.

Louis Vuitton Damier Speedy Bag

As Christina Passariello wrote in a recent Wall Street Journal article, Louis Vuitton, with its flagging growth and logo-covered bags, now finds itself in the throes of the fashion business’ most baffling paradox – how do you sell bags to as many people as possible without becoming a company that’s associated with mass-market consumerism instead of rarified luxury?