Rent a Purse $15 ~ $275 pwe month

By Ellen Wulfhorst

 

NEW YORK (Reuters) - The flashy accessories that accompany top designs on fashion runways are well beyond the budgets of many a fashionista, but even the most cash-strapped consumer has one way to copy the looks -- rent it.

 

Companies such as Bag Borrow or Steal and From Bags to Riches are mining a rich market by renting high-end handbags, which may retail for more than $2,000 apiece, to fashion fans.

 

"They can carry a very expensive handbag and keep changing it on a monthly basis for a full year before they would have to come to pay full retail price," said Sam Mangiere, co-founder of From Bags to Riches, based in Forest Lake, Minnesota.

 

 

 

Charging rental fees as low as $15 and as high as $275 a month, the rent-a-bag companies are enjoying ripe demand for accessories, particularly the elusive "It" bags that celebrities carry and others envy.

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