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Bright pink or red considered the luckiest colour in China might not do it for all bag lovers but these colours are particularly popular among rich collectors in the Asian market. Taylor adds: ‘If a handbag is used but not marked it should hold its value. With continued demand for these timeless handbags and limited supply, prices should continue to rise.’.

We are fast fashion. You can copy it within a week of appearance in retail stores and slap a label on it.”The economy is one reason for the trend. “The recession has more people trading down,” said Susan Scafidi, academic director of the Fashion Law Institute at Fordham University’s law school.

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