6 May 2025
The Business of Fashion writes on LinkedIn: When Savette launched in 2021 with a small top handle bag it called the Symmetry 19, its cost — $1,750 — put it in the same realm as similarly sized offerings from brands like Gucci.
By that measure, the Symmetry 19 is practically a bargain these days. The average luxury bag’s price has risen 52 percent since 2019, according to HSBC. The cost of Savette’s bag has inched up to $2,050. Over the same period, Gucci’s Jackie medium bag, for example, went from $2,600 to $3,800.
Price is a big reason, though not the only one, that Savette and a clutch of other independent bag brands are experiencing a surge in popularity and even coveted “it” status once reserved for big French and Italian luxury labels.
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We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
