Apparently, Luella is going through some financial issues. Basically, they have no backing. A couple other fashion houses have been going through similar struggles this past little while, but have managed to pull through. Hopefully, Luella will as well.
One of my first bag-crushes was a Luella bag. The classic Gisele. I never bought it, because at the time, I couldn't even imagine spending that much on a bag. Oh, how things change.
So it's bad news for Luella, but good news for shoppers. Everything's on sale!
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