As mentioned previously, Coach has been increasing their prices to compete with higher end designers like Louis vuitton, for example. And it seems like they are trying to make their accessories more exclusive. I mean, there are plenty of Coach goods that appeal to me and I own a few bags by them. But honestly, $1,500 for an Ostrich Wallet with the Coach label on it is a joke, in my opinion. And aren't their products made over in China?
The new Ostrich Accordion Zip Around Wallet by Coach comes in light blue and tan, and I would pick the blue or "pool" if I were to purchase one (which would be never). The wallet is very functional, allowing one to carry many credit cards, money, papers, change, ect. But so what? To me, and besides the exotic skin, this Coach wallet is nothing spectacular and is just like any other wallet of theirs. Why would I spend $1500 on a wallet when I could buy a bag or two? I think Coach is taking their pricing a little too far. But hey, if you're a fan of the wallet, there is also a matching handbag that retails for $4,800!
Well, this clutch looks very cool. I've never really liked coach. The logo's are too much for me (well my gf ), but $1500 is way out of the question. But imho, it does look really good in the blue.
I love the wallet and bag, but not the prices! And unfortunately, while I love Coach, I don't think they're going to accomplish what they want by raising their prices. I hear more and more people say "It's cute, but I wouldn't spend that amount on a Coach bag" much more than I hear people saying that they're buying. It's almost like they're trying to circumvent their image of "affordable luxury."