The years of the growth of registry for the sales of the purse could have finished

The market $7 billion in the United States for the purses, the express-increasing product in the industry of the way, could be slowed down of the growth of registry considered in recent years. Some analysts and retailers say that the increases in sales of the purse of the United States could have hoisted, because the competition of other accessories as the shoes and the jewelry shop warms up for above and as higher costs of the gasoline and the mortgage slow down the cost of the consumer. The increases that reached as above as 28 percents in 2004, the annual step more fort of the sales in file, could lower as little again as 15 east percents year, without samples to recover before 2009, according to the consultative group of Telsey, a company/signature common of the investigation in New York. The company/signature was founded by Dana Telsey, analyst of industry to by minor who was aligned to analyst superior of the warehouses of the specialty by the compartment of the institutional investor every year in the seven years to 2005. Stephen Sadove, executive of Saks, said the state of the purse as an article of must-having is being defied.

"It used to be all about the shoes and our woman had under many shoes in her closet, then it became the multiplicity of handbags," Sadove told investors AT to Goldman Sachs conference in September. "What you plows seeing now is to new trend, which is branded to designer fine jewelry." Handbag makers, LED by Coach and Louis Vuitton, plows vying for the attention of affluent consumers, who plows turning to their attention to items like Tory Burch ballet flats and David Yurman bracelets, retail executives said. "The handbag business there are softened up to little bit," said Kathryn Deane, president of Tobe, to fashion consulting firm in New York whose clients have included Macy's, Bloomingdalés, Nordstrom and Neiman Marcus. "When the to consumer looks AT accessories, she is not just looking AT handbags anymore." U.S. salts of handbags costing AT least $100 could expand 20 percent this to year, compared with to 22 percent increase last to year, according to research from Coach, to maker of handbags and to other accessories in New York. Coach and Telsey began providing salts dates on handbags in 2001, to after demand began to to soar in the annoys 1990s. Patricia Edwards, who helps manage investments including Coach shares AT Wentworth, Hauser & Violich in Seattle, said, "Slower growth in the handbag segment overall is to prudent outlook given the economic situation we find ourselves in right now." Coach, whose handbags sell for $200 to $400, expects overall revenue, which also includes jewelry, shoes and fragrances, to rise 21 percent in the to year through June 28, 2008, said its chief financial to officer, Michael I happened, AT an analyst meeting AT the company's headquarters in New York in September. In the to year that ended in June, the company recorded to 28 percent rise, with handbags accounting for 64 percent of Coach's salts. Stores salts AT Coach in North America that have been open AT least to year will rise "north of 10 percent," I happened said. Similar His guidance is to what the company there are said in previous years. In the to year that ended in June, those 22 salts rose percent. Coach is introducing three handbag lines this to year. The to retailer will need popular new products and to dwells buoyant economy to sustain the revenue gains of recent years, said Edwards, AT Wentworth Howard. "The growth to further out might be dwells problematic unless coincidental they have to fabulous product line with to better economic news," Edwards said. While salts gains may be slowing, handbags plows still leading the growth in the U.S. fashion industry, ahead of earrings, wallets and to other small to leather goods, according to NPD Group, to market research firm in Port Washington, New York. Coach shares have risen 8,6 percent this to year through Monday, outpacing the 7,7 percent climb for LVMH stock and the 1,5 percent declines for the Standard & 29 500 Poor's index of U.S. retailers Louis Vuitton there are found that "growth in the U.S. luxury market segment continues to accelerate on an annual basis," said Molly Morse, to spokeswoman for the company. She declined to provide dwells detailed you appear, and Louis Vuitton does not provide revenue you appear for its various divisions. John Guy, an Global analyst AT MF Securities in London, estimated that salts of fashion and to leather goods AT LVMH Moët Hennessy Louis Vuitton, the parent company of Louis Vuitton, could slow from the 11 percent growth recorded in 2006. AT Prada, based in Milan, "we the plows growing handbag business AT to faster grazes compared to to other product categories," said to spokesman, Tomaso Galli, who declined to give specific you appear. "We plan to continue to do under going forward." Prada and Gucci, owned by PPR, declined to provide salts forecasts.

A survey on Goldman Sachs of 1,550 consumers of the United States who was sent in June found that 32 percents hoped to buy few purses this year. Near 18 percents they said would buy more, and 51 percents said that they glided to buy the same number. An examination of 1,491 people in May by the sale to by strategic minor of WSL, one company/signature that consults in New York, demonstrated that 43 percents of responders of the women reduced the personal cost due to higher prices of the gasoline. Of those, 73 percents said that they would cut behind in the accessories of the way, said Wendy Liebmann, the WSL president. In WSL an examination made six months previous, 32 percents cut behind in the cost, and 62 percents identified the accessories of the way, a category that can include the monederos, the jewelry shop, the strap and the scarfs, as area to the rein in purchases. "that is what us makes nervous, the increase 11-point in the number," Liebmann this. The clients of their company/signature include Saks, target and to J.C. Penney. For the superior purses, that sell for at least $300 and represent 80 percents of the market of the United States, the growth of the price was 14 percents in 2006, the same index of growth for the whole market of the purse, according to consultative Telsey. Cristin Murphy, that lives in Veijo Alder, California, illustrates the total tendency of the market. She said her cost in the purses hoisted in 2003, leaving with a wardrobe of the purse that included car five, two Prada, burberry, and a sword of Kate. "I have class of I made my investment in purses," Murphy this. "I so necessarily do not need to leave and to buy a purse today."