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9 March 2006
HANDBAG SALES SOAR

HIGH Street sales may be in the doldrums - but women are still splashing out a fortune on handbags and other accessories.

A new study shows sales of bags, belts, beads and bangles have soared by £2.5billion, an increase of more than 10 per cent.

That compares with a rise across the retail sector of just 1.5 per cent, the lowest in 40 years.

Market analyst Verdict said: "The designer handbag has become a coveted of fashion item."

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