Known as one of the "it" bags of 2008, Ralph Lauren's iconic Ricky Bag has found its way on to the runway once more this season.
Along with an array of other fine handbags, the Ricky Bag made it's way down the runway during the Ralph Lauren Collection show at Mercedes-Benz Fall 2010 Fashion Week last week.
This latest edition of the Ricky Bag is available in several shades of seasonably chic rich brown leather, as well as a black embossed leather version.
An innovative new take on the bag is found in a black fur version, accented with supple black leather fittings.
The Fall 2010 line is quite distinguished from this...
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High-end handbags and silk scarves were hot items over the holidays, helping luxury house Hermes finish 2009 with an 8.5 percent uptick in sales.
Sales in the fourth quarter rose 16.8 percent in leather goods and 17.7 percent in silk and textiles, according to Reuters. The numbers suggest that luxury buyers preferred to invest in classic rather than trendy pieces over the holidays.
Hermes appears to be the rare luxury maker that was relatively unaffected by the worldwide financial crisis, writes
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Gianni Versace SpA has announced the fashion house's first cellular phone design.
According to the Wall Street Journal, the phone was designed by Donatella Versace and will retail for upwards of $5,000 when it debuts in May.
VIP clients, however, won't have to wait until May to get a peek at the luxe new cell. The phone's design will be unveiled next week in a private couture presentation at the Hotel Plaza Athénée in Paris.
The Versace phone was created in conjunction with ModeLabs Group SA, which has...
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After a dismal year for luxury retailers, sales of luxury goods are expected to grow next year, according to a report by Bank of America Merrill Lynch.
Led by the fairly strong accessories sector, which includes shoes and handbags, sales should grow about 5 percent in 2010. Thanks to cost-cutting measures enacted this year, core profits should rise about 17 percent, according to the report.
Demand for luxury goods has declined during the global recession. Sales have fallen 8 percent this year, according to U.S.-based consulting firm Bain and Co.
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