Monday Stat: The Handbag Budget

Anne-Marie Earl, August 28, 2017

monday stat handbags

According to the 2017 Gift Book Consumer Survey, 33 percent of consumers with a household income of more than $50,000 expect to spend less than $25 on a handbag, and 29 percent expect to spend between $25 and $49. With that in mind, it would be a good idea for retailers to carry fashionable handbags at lower price points for their customers. For more insights, read the digital version of 2017’s Gift Book.

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