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Guy in Convenience Store: 'Keep My Bags' for $100

But he left the Louis Vuitton and Gucci bags anyway

(Newser) - Louisiana authorities are perplexed over why a man left apparent designer bags holding drugs, a gun, cash, and a digital scale in a convenience store, the AP reports. The man went into the store early Thursday and put the Louis Vuitton and Gucci bags on a chair, according to a...

Country Club Sues Waiter Who Spilled Wine on Handbag

NJ club filed its own suit after woman sued them

(Newser) - Almost everyone who has worked as a restaurant server will have a story about a time they spilled something. But not many will be able to say it resulted in two lawsuits. According to a lawsuit filed by Maryana Beyder against the Alpine Country Club in Demarast, NJ, a waiter...

Michael Kors Scoops Up Jimmy Choo for $1.2B

Handbag maker trying to step up its game in luxury goods market with high-end shoes

(Newser) - Shoes and handbags go together like … well, Jimmy Choo and Michael Kors, now that the latter has agreed to purchase the former for $1.2 billion, the Wall Street Journal reports. Michael Kors is looking to bolster its business with the luxury shoe brand as sales of its own...

Guess What Someone Paid for This Handbag

Christie's auctions off the Diamond Himalaya Niloticus by Hermes

(Newser) - You're sitting down? Great: There's a person on Earth who owns a $300,168 handbag, CNN Style reports. Christie's auctioned off the Diamond Himalaya Niloticus by Hermes on Monday, breaking a world record with the crocodile bag that features white gold and diamonds. The sale by a...

We're Obsessed With What's in Our Bags

Blogs, journals, newspapers reveal contents: Atossa Araxia Abrahamian

(Newser) - Remember when your purse's contents were private? Then gossip magazines started asking celebs to show off what was inside their bags. Now, Atossa Araxia Abrahamian writes at the Pacific Standard , it's become a phenomenon: From education periodicals to tech blogs to newspapers, everyone wants to know what's...

This Purse Sold for $203K

Hermes handbag sets record at public auction

(Newser) - Recession is relative department: A Hermes handbag sold for a record $203,150 at auction in Dallas this week, reports the Houston Chronicle . The red alligator bag fetched way beyond expectations, helped along by the gold and diamonds embedded in its hardware. It's "an extraordinary example of one...

Designer Knockoffs May Warp Your Morals

Buy one, and you're more prone to lie and cheat: Study

(Newser) - It isn't just luxury corporations who suffer from designer knockoffs—carrying a fake Vuitton bag can turn you into a big lying cheat, a new psychological study claims. Women who were given real Chloe sunglasses but told they were fake lied at more than double the rate of women given...

Inside Kate and Andy Spade's New Life

Former handbag designers find new creative outlets

(Newser) - Whether it’s reimagining J. Crew, foraying into winemaking, or cutting their daughter’s sandwiches into little hearts, Kate and Andy Spade stay busy—just not with the businesses that still bear their name. “Someone said to me, what about your legacy?” Andy tells New York of the 2006...

$50K Hermes Bag Is Recession-Proof

In tough times, designer's bag sales are up

(Newser) - High-end designers everywhere are closing down storefronts, but somehow Hermes’ sales are up. The iconic brand has managed to beat the recession by ignoring it, continuing to sell $50,000 bags that require years on a waiting list to own. “Hermes’ position is unique; it is at the very...

Hermes Breeds Crocs to Skin for Handbags

(Newser) - Fashion mainstay Hermes is now maintaining its own crocodile farms in Australia to provide skins for its handbags, Reuters reports. “The world is not full of crocodiles, except the stock exchange!” the French company’s CEO joked, feebly. Hermes’ leather-accessory line, which accounts for 40% of company business,...

Student's Hefty Handbag Takes Bullet for Her

Stuffed tote saves life during struggle with mugger

(Newser) - A 22-year-old Tennessee college student has her overstuffed, oversize handbag to thank for escaping unscathed from a struggle with an armed mugger, she tells NBC’s Today Show. After stealing her cell phone, the attacker fired at Elizabeth Pittenger from 4 feet away. The junk in her handbag—including an...

Vuitton Refuses to Be Accessory to Genocide

Luxury firm sues over fundraising T-shirt

(Newser) - A Danish designer hoped her T-shirt featuring a starving child tricked out with Paris Hilton's favorite accessories—a Louis Vuitton handbag and her tiny dog Tinkerbell—would highlight the media's distorted priorities and raise money to fight genocide in Darfur. The French luxury brand, however, was not amused, and has...

Why Buy a Bag You Can Rent?

Bag and jewelry rental businesses capitalize on economic downturn

(Newser) - The economic downturn has fueled a surge in leased luxury goods, Portfolio reports. A small membership fee or monthly payment enables designer addicts to rent It-bags and other high-end accessories at businesses like From Bags to Riches. "Instead of owning an asset you can just buy the experience,"...

Mama's Top Brand New Bags

Forbes picks its favorite luxury purses of the year

(Newser) - After spending thousands of dollars on a handbag, you might not be able to afford anything to put inside it—so choose wisely. Forbes outlines the best in "it" bags:
  1. Hermes Kelly Bag, $5,000 and up: Embrace your inner Grace Kelly with the original "it" bag, made

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