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Move over luxury labels? The rise of Chinese handbag brands

Summary by Dao Insights
The rise of handbags from domestic brands has been widely discussed on social platforms, especially Rednote because their prices have steadily increased alongside sales. Data shows that among handbags priced over 1,000 RMB (137.79 USD), the top 3 best-selling brands on Tmall in February are Coach, Songmont (山下有松) and Qiuzhen (裘真). Two out of the three are homegrown brands, with a total of seven Chinese handbag brands making it to the top 15. So…
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Move over luxury labels? The rise of Chinese handbag brands

The rise of handbags from domestic brands has been widely discussed on social platforms, especially Rednote because their prices have steadily increased alongside sales. Data shows that among handbags priced over 1,000 RMB (137.79 USD), the top 3 best-selling brands on Tmall in February are Coach, Songmont (山下有松) and Qiuzhen (裘真). Two out of the three are homegrown brands, with a total of seven Chinese handbag brands making it to the top 15. So…

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Dao Insights broke the news in on Wednesday, April 2, 2025.
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