These Things Are Disappearing Because Millennials Refuse To Pay For Them

Who Still Needs The Gucci Bag?

Not only are designer clothes experiencing a sales drop, but so are their handbag counterparts. Brands like Gucci and Michael Kors have been selling bags at a major discount due to millennials losing interest in their products.

Darja Barannik wearing white blouse, skirt, red Gucci bag and red boots outside IBEN -837508692
Christian Vierig/Getty Images
Christian Vierig/Getty Images

Young people also don’t have as money to spend on them. This is the “kiss of death for trendy fashion brands, particularly those positioned in the up-market younger consumer sectors,” industry expert Robin Lewis wrote on his blog.