It's becoming increasingly obvious that the average millennial has a very different relationship with money when compared to the average spending habits of a couple of generations ahead of them. Millennials are more likely to rent their clothes, have a food subscription service and buy secondhand items. According to Forbes, millennials value price over recommendations, the brand's reputation and even product quality. In addition, they value functionality and the sustainability credentials of the brand.
All brands have to take these spending habits into consideration and handbag designers are no exception. The winners have been us the customers and modern designers who have been able to design beautiful bags without the usual hefty price tags. Here are four examples to shop now (this site contains affiliate links and we may be compensated when you click through some of its links):
This brand was born out of that frustrating search for the perfect work bag that we all know so well. Unable to find something suitable, Coral Chung and Wendy Wen set out to design a stylish laptop bag for professional women. The Maestra Bag was born and at $895 it's a steal when compared to heritage labels such as Louis Vuitton and Christian Dior. It can be worn as either a backpack, satchel, crossbody or tote and is available in several colors.
Polène is a family owned company from Paris that keeps prices low by expanding online and keeping out the middlemen. Similar to the Lady mini leather tote by Mansur Gavriel ($750), this bag at $420 is much cheaper and is just as well made. It's available in many color combinations and full grained calf leather. It's spacious design makes it suitable for use as a day bag. The mini version is also available and can be used as an evening bag. It can be worn as a top handle satchel or crossbody.
Named after its founder Zofia Chylak, this Polish brand was founded in 2014 and it aims to create stylish leather bags and accessories. Going for less than $400 the Saddle bag is a shoulder bag made in a limited series with the series number hand stamped in gold on the flap. It has a wide detatachable shoulder strap and a mini strap. It is also available in different textures and colors. Check out their website for this and other bags that don't break the bank.
The Medium Celine Classic Bag costs a jaw dropping $3,950 and if you don't fancy spending a small fortune on a bag, I give you the Vancouver bag by DeMellier; a brand founded by Meira Liusia-Lindh, a highly respected fashion insider and a graduate of Harvard Business School. An ethical brand, every bag purchased goes towards funding vaccines and treatments aimed at saving the life of a child. The Vancouver Bag has a push lock flap closure, adjustable shoulder strap that allows the bag to be worn as a crossbody and an interior zip pocket. Priced at $460, it is an amazing value for money.
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