It has transpired that nearly half of all luxury handbags sold in China are bought by (or discreetly for) men.
In an LA Times piece covering the trend, the president of Coach Retail International said that men represent 45 percent of the US$1.2 billion market.
The bags, known as shuo bao in Mandarin, are often used in business meetings for their professional image. In this traditionally male-dominated business environment, an LV monogram or a pretty pattern on a Gucci bag apparently goes a long way.
Source: http://www.cnngo.com/shanghai/life/man-purse-big-hit-mainland-851824
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