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Money Bags: Accessories are Bringing in the Cash for Top Brands

S/S 2013 Lady Dior Campaign | Source: Dior
By
  • Vikram Alexei Kansara

"Forget the clothes on models' backs: bags and perfume are the major moneyspinners in luxury goods. No wonder Hermès — purveyor of the ultimate arm candy (one of its Birkin bags costs between £6,000 and £100,000 and Victoria Beckham has 100 of them) — reported a 26 per cent jump in profits for last year, to €1.12 billion."

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