I know that relatively inexpensive canvas totes probably sell well for you guys. They’re extremely low-margin compared to leather bags (which are already pretty low-margin compared to lots of consumer products), and having a strong brand name means you get to mark them up like crazy.
Reed Krakoff Handbags and Purses(Page 3)
Although I’m something of a switch-hitter and can change back and forth between large and small day bags with relatively little thought (mostly because I work from home), it seems clear that most women either prefer something large and spacious or something smaller and easy to carry.
Images via Vogue.com
I keep waiting for Reed Krakoff to hit the sophomore slump with his eponymous line, but he just keeps hitting things out of the park. How well Krakoff, the president of Coach, has done launching the brand gives me very, very little sympathy for other large companies that don’t do as well with their bag lines.
Reed Krakoff Alligator Hobo, $30,000 via Net-a-Porter
A $30,000 price tag always sticks out to me, probably because when I was growing up, that’s how much I thought a car cost. Naturally, I’ve since learned that sometimes cars cost less, and even more bizarrely, sometimes handbags cost more.
Sometimes I feel the need to reiterate this point when I sit down to write yet another post about a brand that I love: Reed Krakoff has never given me a free bag, a discount on a bag or any kind of perk whatsoever in exchange for a post.
Reed Krakoff Leather and Wool Boxer Tote, $990 via Net-a-Porter.
I’ve heaped a lot of praise on Reed Krakoff recently, and all of it is genuine; every time I see one of the man’s bags (and increasingly, his shoes as well), my credit card runs and hides.
Not only do we continue to love Reed Krakoff designs but also our readers seem to as well. If the larger bags have not met your wants, Reed Krakoff fills out his collection with a new addition. The addition is its mini shoulder bag, a shape with which I am currently having a deep obsession.
As I say often (and in fact, as I said yesterday), basic bags are a design challenge that we often ignore, but we shouldn’t. The problem is that even women who want a more traditional bag don’t want to think of their choices as “basic,” so taking a simple shape and elevating it to the next level becomes something that almost any designer has to be able to do in order to satisfy his or her customers.