Why are handbags so expensive at Macy's?

Macy's clothes aren't expensive. At least, I personally don't think they are. Macy's is always offering discount coupons which can also be combined with in-store price reductions. And you use your Macy's credit card, which can also lower the price of your purchases. read more

Macy’s carries quite a few handbags that are designer. They have bags from Michael Kors, Coach, Betsey Johnson, Dooney & Bourke, Calvin Klein, Kate Spade, Ralph Lauren, and many more. The great thing about Macy’s is you get a discounted price compared if you were to buy directly from the designer. read more

Macy’s has a couple of real problems. It is trying to figure out who its customer is and why they shop in such different ways. The other problem is that they do not understand the millennials, who are now coming of age and have significant spending power. read more

BoF reports that the average cost of manufacturing and selling a bag is about 35% of its final retail price, and most brands use the high margins on handbags, along with shoes and beauty products, to balance out their less profitable ventures – namely, the clothing that fleshes out the brand’s luxurious, fashion-forward image and makes people want to buy into the brand via a bag or tube of mascara. read more