29 Jan '15, 11am

Dudes be spending: One in five luxury handbags are man bags

Dudes be spending: One in five luxury handbags are man bags

That’s because they don’t come cheap. According to Euromonitor’s estimates, the market value for man bags has more than doubled over the past decade, with men now spending in the neighborhood of $6 billion per year on luxury bags. But the quantity being purchased over the same period has grown rather modestly: just under four percent, on average, per year over the same period—less than half as fast as the growth in revenue. Simply put: guys are shelling out more money per bag.

Full article: http://qz.com/332472/man-bags-are-now-one-fifth-of-the-lu...

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