Cathay International

10/06_P&P Intro
September 25, 2006

Both men and women love their wallets, purses, satchels, handbags, pocketbooks—whatever the term may be. And just as equally, they enjoy purchasing the can’t-do-without items that go in them. From hand sanitizers and compact mirrors, to make-up kits and money holders, the pocket and purse market provides a wealth of products and profits for distributors. The market remains true to the popular adage: good things come in small packages. Here are some fun facts about the handbag to consider ( •In 2004, an estimated $5 billion was spent for handbags in the United States. •The most famous handbag from Hermes was originally designed in