Fashion Has A Brand New Bag
"The luxury footwear and accessories spot [in the show] has grown by 60% over the past two years,” said Diane Stone, chief operating officer of the WSA show, which spotlights the latest offerings from the mass-produced variety up to the “fifth floor at Bergdorf Goodman”.
And celebrities are looking to cash in on consumers’ appetite for accessories. Gwen Stefani’s L.A.M.B. label and Beyonce’s House of Deron are extending their lines to include shoes, which were previewed at the show. Victoria Beckham, wife of soccer player David Beckham, recently signed an $9.8 million deal to design bags and shoes.
“People can’t turn over an entire wardrobe based on changing styles every season and every year, but they can update looks via accessories,” Stone said. “You can buy a couple new things and look like you’re in the latest style.”
“There’s no difference between a $30 and $300 pair of jeans," says Cohen, "but everyone can tell cheap shoes.”
And what a fashion faux pax that would be.