ModeSens Metrics: Top 5 Handbag Brands of the Week
This week on ModeSens Metrics, we’re mixing up the formula, bringing you our top 5 performing handbag brands and products of the week. Like our top-performing brand's story, this list will be based on our real-time data, tracking ModeSens customer habits based on social media buzz, market trends, and other seasonal styles.
To kickstart this new endeavor, we are showcasing five brands that not only dominate our weekly handbag sales but resonate with our ModeSens Community quarter after quarter. From Saint Laurent to Balenciaga, here are our top-performing handbag brands of the week.
Saint Laurent
Topping our inaugural handbag list is Saint Laurent. The French Heritage house also topped our Q2 handbag sales, making Saint Laurent handbags the most sought-after of the year.
According to our data, ModeSens customers spent an average of $1,300 per Saint Laurent handbag purchase; the second most expensive behind Bottega Veneta. Saint Laurent handbag sales this week were at least double the volume of any other entry on this list; a testament to the brand’s continued influence year over year.
If you’re in the market for a new Saint Laurent handbag, popular bag styles this week included the Quilted leather Clutch, Rive Gauche Tote, and the classic YSL Monogram Satchel.
Loewe
Loewe takes the spotlight as the second-best performing handbag brand of the week in our ModeSens Metrics analysis. With an average purchase price of $1,300, Loewe's handbags have captured the attention of discerning luxury enthusiasts seeking exquisite craftsmanship and unique designs.
This week's ranking places them just behind Saint Laurent. However, Loewe's influence extends beyond the past week, as it maintains its position as the second most popular handbag brand in Q2. With its innovative approach to design and unwavering commitment to luxury, Loewe continues to be a frontrunner in the competitive landscape of high-end fashion and an essential choice for those seeking the perfect blend of sophistication and style.
Bottega Veneta
Bottega Veneta secures a position as the third best-performing handbag brand this week. With an average price per purchase of $2,200, Bottega Veneta boasts the highest price point among the top 5 brands, reaffirming its status as a symbol of opulence and prestige. The brand's handbags continue to be highly coveted—Bottega handbags were the third best-performing in Q2.
Bottega Veneta's artful designs and meticulous attention to detail continue to captivate luxury enthusiasts worldwide, solidifying its place as a timeless and aspirational choice for those seeking the epitome of sophistication in their handbag collection. Popular Bottega Veneta handbags this week included the iconic Teen Pouch clutch, the Sardine Intrecciato handbag, and the Acro mini Intrecciato tote.
Jacquemus
Jacquemus claims the fourth-best performing handbag brand position in this week's ModeSens Metrics analysis. With an average purchase price of $450, it stands out as the most accessible option among the top 5 brands, appealing to a broader audience with its fashion-forward designs. Despite ranking seventh in the year-to-date standings, our data strongly indicates that Jacquemus is steadily rising in popularity. The brand's innovative and daring approach to handbag design has garnered significant attention and admiration on social media, resulting in an expanding fan base and increased market presence.
With its unique blend of artistic flair and accessibility, Jacquemus continues to push boundaries and redefine the boundaries of modern fashion, making it an exciting brand to watch for fashion enthusiasts seeking cutting-edge style with a touch of affordability.
Balenciaga
Balenciaga, an icon of bold and daring fashion with an avant-garde flare under the direction of Demna Gvasalia, secures the fifth position on this week’s list. With an average purchase price of $1,200, Balenciaga's handbags showcase a harmonious blend of luxury and innovation that resonates with anyone seeking a statement handbag for their rotation.
Looking at the year-to-date data, Balenciaga's handbags rank sixth, demonstrating their consistent presence and popularity in the market. Renowned for its distinctive designs that blend elements of punk, avant-garde, and brutalism, Balenciaga continues to be a formidable force in the world of high-end fashion.
With a loyal following and a penchant for pushing creative boundaries, the brand's handbags remain sought-after treasures for those seeking an edgy addition to their collection.
