11 years ago
Don’t laugh at the “man purse”—it’s now a $9 billion luxury business
All is not well in the luxury world. Stalwart luxury buyers in China are cutting back, according to recent statements from Burberry and Richemont, among others. New data from research firm Euromonitor International confirms that the industry is in a bit of a slump. But one of the hottest luxury items with global appeal is the men’s handbag—the “man bag,” “man purse,” or, simply, “murse“.
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