Driven by fast fashion, millennials choose luxury accessories over clothing

The latest It bag is a bigger draw for millennials in the luxury shopping space than clothing. In the first half of 2017, full price sales of luxury handbags increased 22 percent, while scarf and hat sales rose as well, at 20 percent and 83 percent respectively, according to a report by retail analytics firm Edited that examined 30 major U.S. retailers that sell more than 5,000 brands.Read the full article