5 Points to Consider Before Starting a Handbag Line
Are you looking to start a handbag line?
We recently partnered with Tara Sauvage, a handbag expert with over 15 years expertise in handbags and leather goods. Together we will offer help with every stage of the process: from consulting to design, sourcing, development and production with both domestic and overseas manufactures.
Below are Tara’s top 5 points you must consider before starting a handbag line:
1. Price Point Will Determine Feasibility.
It is important to figure out your retail price point before starting a collection, as this will determine the materials you can use. Many new aspiring handbag designers want to make a luxury leather bag collection that retails for under $100.
They will go as far as writing this into their business plan before they do their homework and realize that leather costs $5.00-$10.00 per square foot and an average bag uses 6 to 8 square feet of leather. Add labor costs and retail markup and very quickly they realize this is impossible.
2. Manufacturing abroad vs. domestically.
The start-up costs are much higher for making patterns and samples in the USA, but on the other hand producing overseas requires high minimums, which very few start up brands can afford to produce high amounts of inventory. Educate yourself as much as possible about the difference between producing domestically or in Asia.
Do you have time to travel to China for example to interview factories? Can you afford to produce in NYC where the labor costs per piece are much higher than overseas? Hiring a professional handbag consultant they can save you thousands of dollars in manufacturing mistakes.
3. Leather or Fabric?
Are your bags going to be leather, fabric, vegan leather or a combination of the two? Most leather factories cannot produce fake leather goods or fabric.
The machines are different for leather and fabric. Once you decide what type of materials you are going to use, then you can start to source the right factory.
4. Handbag metal fittings/hardware.
If you are going to produce in the United States you will have to source your own metal fittings/hardware. If you are designing a luxury line of leather bags, this is very important. You can do research online or hire a professional to help you navigate the process of getting high quality handbag hardware for your bags, most likely from overseas as there are not handbag metal fittings companies in the United states and the ones that exist just import.
Once again do your homework or hire a consultant. Your customers will want good quality metal fittings if they are paying a premium price for your bags! I have had many aspiring handbag designers using expensive Italian leather with cheap hardware that tarnished right away. Once again, this was a disaster and there were many customer returns.
Once you have defined the factory that you want to product your collection you will note that most factories have their own pattern maker on site. Often aspiring handbag designers’ hire outside pattern makers that may not be well versed in handbag pattern making.
This is often not necessary as a good well established handbag factory would have their own onsite sample room and pattern maker. Just like with any other fashion product putting your idea/design together and knowing how to translate your vision to a pattern maker is a crucial step in the success of your product development.