Bottega Veneta Launched a Drawstring Bag in its Signature Parakeet Green
Colin Smith — April 21, 2022 — Luxury
References: shop.doverstreetmarket & highsnobiety
Bottega Veneta's signature 'Parakeet Green' color has risen in popularity drastically over the past few years, with everything from handbags to full body suits coming out in the iconic colorway. Now, the label has launched a drawstring bag adorned in the same eye-catching green. The 'Bottega Veneta Crease Leather Pouch' is a high-quality carrying bag made from 100% real leather right at Bottega Veneta's home in Italy.
The bag has launched with an MSRP of $2,000 USD, which is justified by the popularity of Parakeet Green and the widespread recognition of the Italian label. The bag is also functional and reliable due to the durability of the leather used in its material. Everything from everyday carry items to groceries can be carried in the bag without causing it damage, and the items can be secured with the bag's cotton drawstring.
Image Credit: Bottega Veneta, Dover Street Market
The bag has launched with an MSRP of $2,000 USD, which is justified by the popularity of Parakeet Green and the widespread recognition of the Italian label. The bag is also functional and reliable due to the durability of the leather used in its material. Everything from everyday carry items to groceries can be carried in the bag without causing it damage, and the items can be secured with the bag's cotton drawstring.
Image Credit: Bottega Veneta, Dover Street Market
Trend Themes
1. Parakeet Green Accessories - Brands can capitalize on the popularity of the Parakeet Green colorway by launching more accessories, thereby tapping into the consumer demand for the trending color.
2. Luxury Drawstring Bags - Luxury brands can create a new product line of drawstring bags, targeting consumers who value functionality and style in their accessories.
3. Sustainability - Brands can shift towards more sustainable practices in their sourcing and production of luxury goods, thereby appealing to environmentally conscious consumers and tapping into the growing trend of eco-friendly fashion.
Industry Implications
1. Luxury Fashion - Luxury fashion brands can continue to innovate in their product lines to meet the changing fashion preferences of their target audience.
2. Consumer Goods - Consumer goods companies can introduce more durable and stylish drawstring bags that cater to the functionality needs of consumers while also being fashionable and trendsetting.
3. Sustainable Luxury - Sustainable luxury brands can further expand their product lines and tap into the growing demand for eco-friendly goods to attract environmentally conscious luxury shoppers.
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