No matter your brand of choice or accessories budget, I think all bag lovers can agree: Prices are too freakin’ high. Even if you’re willing to grudgingly pay them in exchange for quality, it still stings a little bit every time, doesn’t it? Get ready for it to sting a little bit more in the near future – it’s costing brands more to source leather from Italian tanneries than ever, according to Women’s Wear Daily.
The rise in prices is impacting contemporary brands with sensitive price structures more than anyone, and if you took any economics courses in college, you know that there are only a few ways to deal with this kind of problem. Brands can cut amount or quality of leather used, increase prices or source materials from alternate locations (in this case, mostly South America.) WWD spoke to four brands who have used these tactics with varying degrees of success. Which option do you prefer for the companies that you patronize? (more…)