Most Of Marc Jacobs' Bags Are Now Under $500, Thanks To A New Business Strategy

Photo: MCV.
A bag from Marc Jacobs' spring '16 runway.

Marc by Marc Jacobs may have met its untimely farewell, but there will still be semi-affordable (read: well under $1K) items to ogle bearing Jacobs' name. Most of Marc Jacobs' accessories — for spring '16 and beyond — will retail for under $500, WWD reports.

Marc Jacobs' CEO, Sebastian Suhl, estimates that 70% of the brand's accessories inventory will retail for under $500. This new strategy — which Suhl calls "a unique selling proposition" — went into effect for the latest delivery of spring '16 pieces, which landed in stores and online last week.

Instead of separating luxury and contemporary price points, it places lower-priced styles alongside four-figure silhouettes made from exotic skins, or embellished with embroidery. The majority of handbags in the Gotham (like the bucket bag, saddle bag, hobo bag, and small shoulder bag), P.Y.T., and Madison silhouettes come in at a more traditional contemporary price range.

It could just be the fix for those pangs you've been experiencing for Marc by Marc Jacobs ever since the diffusion line announced it would fold into its parent company in March 2015 in order to focus and streamline the Marc Jacobs voice. What made Marc by Marc appealing to many was its contemporary price point: It allowed those who couldn't afford Marc Jacobs proper to buy into the brand. (Although Marc by Marc developed its own totally cool voice under the creative direction of Katie Hillier and Luella Bartley, making it more than simply a cheaper version of Marc Jacobs.)

This move also helps with brand positioning. Whereas before the designer's various labels occupied different sections of the department store — Marc Jacobs could be found in designer handbags, while Marc by Marc Jacobs resided in contemporary — Suhl explains that all the handbags moving forward would fall into the former category. "It’s a designer brand," he told WWD. "It’s one that, again, is the only designer brand able to market most of its product at a democratic price point."

More from Designers

On Tuesday evening, there was no escaping the huge neon letters — Y, S, L — suspended from a blue, white, and red crane, as the audience arrived for ...
This story was originally published on September 2, 2016. When we first spot a new item, our gut reaction is to connect it to a past decade's aesthetic: "...
There are currently plenty of brands touting custom embroidered or printed garb. But for Dresshirt, the personalization factor has been part of the ...
Sewing, cutting, draping, steaming — though you might not know how to do these things yourself, you’d recognize most of the processes of creating an ...
Though it's hard to imagine a time when more people read magazines than read articles on their phones, bloggers were still making pennies off banner ads (...
Carlton Banks, your moment as a fashion icon has come. On Wednesday, Miuccia Prada showed a collection that, at first glance, might not immediately remind ...
While other luxury heritage brands are sticking to what they know (meaning the dated, one-season-out showing), Burberry is keeping up with the times — and ...
(Paid Content) Last week, Thakoon left convention behind when he presented his new collection at a scenic waterfront setting in Brooklyn, perfectly timed ...
Since taking the helm at Gucci at the beginning of 2015, designer Alessandro Michele has singlehandedly transformed the fashion industry. He (like ...
You don't have to raise your hand if you're among the people who choose to take a break from Instagram during Fashion Week; we know you're out there, and ...
Last February, we were treated to a crayon-colored, upbeat disco for Ashish's, fall 2016 presentation. This season, however, Ashish Gupta took a more ...
I have been working in the fashion industry for just over eight years now, but I’ve spent the majority of my life being big. Even in my wildest fashion ...
J.W. Anderson's intimate show for spring/summer 2017 wasn't one for claustrophobes. The front (and only) row in a tightly-packed, vibrant green corridor ...
It's almost a running joke in fashion that the most universally disliked shoes can (and do) make unexpected, sweeping comebacks. Case in point: The Ugg x...