7 Sell Luxury Handbags Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

A Sell Luxury Handbags

In the age of changing trends, luxury bags have started a popular item among the new consumer class.

Experts predict that the luxury handbag market size will register a CAGR of 5.6%, to reach $89.9 billion in a few years. The global luxury handbag market is segmented based on type, distribution channel, and region.

Therefore, starting a luxury handbag market in 2024 remains a viable business opportunity. To start, decide on the niche and identify the target market. You must study the customers and understand their preferences regarding style, color, size, and other factors they consider when buying luxury handbags.

Here are some real life success stories of starting a sell luxury handbags:

1. ANIMA IRIS ($1.2M/year)

How much they make: $1.2M/year
Current team size:

This 25-year-old entrepreneur turned her side hustle into a ‘Beyoncé-approved’ luxury brand

25-year-old Wilglory Tanjong turned her side hustle of designing geometric hand-stitched women's handbags into a Beyoncé-approved luxury brand, generating over $700,000 in lifetime sales since its launch in February 2020, including $603,819 in 2021 alone, and bringing in approximately $100,000 per month in recent months.

About

They started ANIMA IRIS about 4 years ago

Revenue

They grew the business to $100K/month

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Learn more about starting a sell luxury handbags:

Where to start?

-> How much does it cost to start a sell luxury handbags?
-> Pros and cons of a sell luxury handbags

Need inspiration?

-> Examples of established sell luxury handbags

Other resources

Part of

Ing A Sell Luxury Handbags: Everything You Need To Know

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2. Linjer ($10M/year)

How much they make: $10M/year
Current team size: 10

How This Founder Built a Successful Boutique Brand from Scratch

Linjer, a sustainable jewelry, luggage and watch brand, founded by Jennifer Chong & Roman Khan, generated $10 million in revenue in just three years and has plans to expand via influencer marketing, pop-ups, new product markets & wholesale partners.

About

They started Linjer over 10 years ago

Revenue

They grew the business to $833K/month

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5. Luxe Digital

The perfect mix of modern luxury business and lifestyle stories. Discover the latest in luxury fashion, travel, culture, and business.

Website traffic: 2.1M/month

6. Luxepolis

Luxepolis is India's Pioneer in offering 100% Certified Authentic Brand New and Pre-Owned luxury brands. Shop & Sell over 500+ International Designer Handbags, Watches & Fine Jewellery Brands at upto 70% off. Authenticity Guaranteed. 5 Yr EMIs. Free COD. Open Delivery. Hassle Free Returns.

Where they're located: Maharashtra, India
Website traffic: 270K/month

7. DARVEYS

Shop 100% authentic luxury products from the range of 80+ international designers and 300+ boutiques at more than 60% discounts. Darveys brings you the premium products across clothing, bags, accessories and others.

Website traffic: 80K/month