28 Feb '11, 4am

China's middle class stampede for luxury handbags: 'We're looking for new handbags,' says student Celeste Law as...

HONG KONG - IT COULD be a queue for a pop concert, a top nightclub or even the opening night at the theatre. But the hundreds of people lined up in a Hong Kong street are actually waiting to bag a bit of luxury. 'We're looking for new handbags,' says student Celeste Law as she queues patiently alongside her friend Karina Luh outside the supermarket-sized branch of Chanel on Hong Kong's Canton Road. The students, both 20, already sport impressive accessories - Celeste carries a Louis Vuitton monogrammed bag, while her friend's is from Chanel. Both work part-time and saved for over a year to buy their trophies. 'We want them because of the famous brand,' said Celeste. 'What can I say? People will focus on your bag. It's about feeling confident.' Even on a weekday morning, Canton Road is flooded with shoppers happy to pay a small fortune for a luxury tote, shoulder bag or eve...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

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