HONG KONG — Byron Yiu once eked out a living by hawking sunglasses at a Hong Kong street stall, but has made his fortune by turning traditional shopping habits around and re-selling rich women's luxury handbags.

Yiu's Milan Station retail chain, the first of its kind in the fashion conscious city, buys trendy bags -- luxury tote or shoulder bags to evening clutch -- from the ladies who lunch in Hong Kong's upscale neighbourhoods.

Locally known as "tai tais", the small and often thrifty demographic, rarely seen without Prada, Chanel or Gucci on their arm, provides the retailer with a steady flow of bags which are later authenticated by Yiu's team.

"Hong Kong ladies are smart and money savvy. Unlike jewellery, the value of handbags will depreciate when they are no longer trendy," said Yiu.

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This is perhaps the pet the go more and more heed because, not only expert maker new outline convenient every year, even the steep dernier cri designers were also comparable to tendentiousness over. Britons have large dog and pet to partition their fondness of Burberry, has always been low-key Hermes has also launched four years ago, began to pet clothes, and also toughened the characterize symbolic orange with red and despondent lined combed wool cloth materials “Rocabar”. Of movement, big is always value a lot of bundle, and a Gucci cat clothes, prices should be equal to RMB 4,000 yuan!

Coach Sales Boosted By Lower Priced Bags

Shoppers look at handbags in a shopping mall on October 15, 2008 in Pasadena, California. Luxury handbag maker Coach Inc. said Wednesday better business in North American sales boost luxury bag maker CoachCoach Falls After North American Sales Miss EstimatesCoach tops, but shares plunge -all 237 news articles »

Tod's posts growth in 2009 sales

Tod's posts growth in 2009 sales[ID:nGEE5AN2J2] Tod's, best known for its soft-pebbled loafers and luxury handbags, said in preliminary data that sales in 2009 were 713.1 million euros. and more »

India to emerge as a hub of luxury goods brands

In China, the working population saves through the year to make luxury purchases such as handbags, shoes, suits that visibly show a social status they and more »

As recession stops splurges, luxury retailers retool

The handbags now cost $1200, on average, and some as little as $125. Brown now has to sell double the inventory in order to meet her goals. all 3 news articles »

DC embezzler Harriette Walters's ill-gotten goods sold to highest bidder

DC embezzler Harriette Walters's ill-gotten goods sold to highest bidderFor one, she has poor taste, according to Kelly Cook, editor and co-founder of Bag Snob, an online community of luxury handbag enthusiasts.

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What kind of packaging do luxury handbags come in?

Sarah M asked: If you have ordered a handbag online or from a catalog that was $300 or more, what generous of packaging did it come in? What were the different layers of packaging? Please be as detailed as possible. Links to pictures would be artistic.
Also, how did that packaging make you feel about the product?

Thanks a lot!

Saiyuki-ICU/CCU answered: I purchased an Hermes years ago and the bag was placed in an Hermes Bag wrapped in their signature ribbon. Reversed the Hermes box, they wrote a little thank you card for the purchase along with a copy of my proof of purchase. The Hermes box was wrapped with plain wrapping paper for protection and it was shipped via UPS.

Where can I find authenic luxury handbags for cheap?!?!?!?

DeAnna M asked: I'm addicited to plotter handbags. Does anyone know a website I can buy authenic(real) handbags for cheap?

Krissi answered: If you shortage a designer handbag, you've got to pay the designer price. Sorry.