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BBC has covered on Why designer handbags are the new gold? Good read https://www.bbc.co.uk/news/business-37195714 

Wondering what the most recent trends in designer handbags are this season? Think bright, primary colors - red, blue and yellow. Tassels in all forms are creating a big statement in luxury purses on the runway. From glowing tassels to cooler hues, the choices are endless. Manufacturers of branded handbags will also be using a lot of flowers - with perforated leathers in flower shapes, even major flower shaped bags are seen on the runway for luxury bag brands. Lady designer purses are also becoming technology savvy with the latest tendencies of post modern luxury handbags outfitted with pockets to hold your mobile cellphones. Clutches with cartoon faces it will also be making a huge statement in designer purses this season....