A Study Revealed that No One is Buying This Handbag Style Anymore

According to a new study revealed by Business of Fashion, the style of the tote bag has been suffering. Handbag businesses in general have slowed to record lows. Kors Chief Executive Officer John Idol said that young customers are still buying handbags and leather goods but they are now purchasing small cross-body bags and lower-priced large wallets instead of big, expensive bags. 

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