You can show a man the practicality in carrying a purse … but will he ever carry one on his own volition?
Apparently, the answer is yes, as the fashion industry is refocusing on men’s accessories to bring the luxury market back to its pre-2008 game. The male purse is among the items where significant demand can be measured.
High-end accessories are more affordable and accessible to a wider number of shoppers than the more expensive suits and full outfits.
…. Once a source of mockery, over the past five years men’s handbags have seen sales grow at nearly twice the rate of the overall luxury industry. The man-bag market in Asia has doubled since 2008, with murses in the Middle East growing by two-thirds over the same period. The global market for men’s luxury bags will reach just under $9 billion this year, according to Euromonitor.