It’s also made of an exotic skin, which designers are increasingly using to up the luxe factor of their bags. According to Bloomburg, exotic skins now make up ten percent of revenue from luxury brands’ handbag sales, and can sell for 30 times m more than leather pieces.
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The brand describes the item as ‘pure luxury’, crafted from the exotic skin with woven handles and suede-lined compartments. Leather versions are available for just $3,450.
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Thomas Chauvet, head of luxury research at Citibank, pointed out in a latest report that in order to maintain a normal growth level, luxury brands will continue their consistent price increase strategy this year, especially Moncle For luxury brands with a relatively single product structure, the price increase may reach double digits.
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