Friday, August 21, 2009

Purses Could Save Economy

SAN DIEGO (Wireless Flash - FlashNews) – Ladies rejoice – luxury handbags could actually save the economy.

Just ask Jeff Catalano, co-owner of, a luxury handbag company that’s encouraging women to delve into a lucrative career in purses.

The company sells a business start-up kit that teaches gals everything they need to know about slanging L4L handbags.

Catalano says retail purse sales are down, so it’s time for women to take full control of the bag biz.

They can do so by hosting “direct parties,” get- togethers with friends where they mingle, drink wine, and sell purses.

Catalano says this environment makes women more likely to splurge, since their competitive nature will surface once they see the great bags other women are buying.

Women who sell the bags can make solid incomes, and any cash spent or made at purse parties will stimulate the economy.

Catalano says handbags are a recession-proof business since women always gravitate towards them, especially in tough times.

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