Pricey handbag industry at risk of losing Gen Z, millennial women as they ditch purses for backpacks and fanny packs
Handbags aren’t their bag, baby! Makers of pricey handbags are at risk of losing a generation of customers as millennials and Gen-Zers ditch purses, clutches and pocketbooks in favor of backpacks and even fanny packs – and that’s if they carry a bag at all, according to a study. Just 39% of women aged 18 … Read more