Article: Out of the bag: small leather goods have evolved, with the emphasis on "small." (accessories becoming sleeker, more functional)(Accessories)

NEW YORK -- The trend toward smaller, sleeker handbags has challenged small leather goods makers to get creative in providing retailers with items that fit in -- literally -- and still meet consumer's high demand for function.

Further buoyed by an influx of interest in new materials and color, the classification is hitting stores with more new product than it has in years.

Elements of a strong assortment include:

Functions that are spread across a series of little pieces, instead of being piled into one large piece.

Clutch, bar bag and wrist bag styles.

Items that have multiple purposes.

Materials ranging from shiny, sleek ...

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