A shop selling handbags in Causeway Bay. Sales are down, and manufacturers are launching fewer lines than last year. Photo: Sam Tsang

Handbag makers struggle in face of declining sales and retail markdowns, neglecting the creativity that may save them

Michael Kors, Prada, Louis Vuitton and Burberry all reduced the number of new styles last quarter, which analysts fear may make it harder for the sector to recapture the excitement of shoppers

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A shop selling handbags in Causeway Bay. Sales are down, and manufacturers are launching fewer lines than last year. Photo: Sam Tsang
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