Pricey purses are popping up at midpriced chains

05/27/2010 | Wall Street Journal, The

Renewed confidence about consumer spending has merchants stocking more high-priced handbags this spring, The Wall Street Journal reports. Shoppers at midpriced apparel stores including Ann Taylor and Talbots are finding high-end designer bags. The move may mark a shift in strategy, as the chains seek to build reputations as "entry-level luxury players."

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Wall Street Journal, The

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