It's becoming harder than ever for the little guy to survive and thrive in the handbag business.
Even as demand for handbags continues to climb at retail, and scores of new designers flood the market in hopes of becoming the next Kate Spade or Coach, many independent brands are facing an increasing number of hurdles to growing their businesses — from the weakness of the dollar against the euro to the marketing might of major designer brands like Louis Vuitton, Gucci or Prada. Then there's the concern of expanding too quickly for fear of becoming too popular too quickly and causing a brand to burn out.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)