Saturday, 11th October 2008

 

Handbags 'til dawn

Beautiful designer handbags make a statement, but can also have a serious impact on your bank statement. In the new Sex and the City film, handbag hire features prominently.

While it is big business in the US - led by begstealorborrow.com - the business has only recently crossed the Atlantic. UK-based HandbagHireHQ set up last July and has attracted 200 members, who pay a monthly fee and then a charge for every bag they rent.

James Trafford, a serving police inspector who founded the business with his wife Jo, said: "Increasingly we get women hiring three bags at a time. When the bags are worth up to £2,000 each, buying three a month is a bit steep for even wealthy women."

He said the choice of bags tend to be the attraction for members: "It is like going to a bag library each month." The service has recently been made available across the EU.

A monthly membership fee of £7.50 secures your membership. Each bag has its own, tailored weekly, fortnightly and monthly fee. The handbags range from a dinky Dior evening bag to a huge Chloe Paddington, perfect for a weekend away. You can also buy either new or nearly new bags at a substantially reduced price.

Visit Handbag Hire HQ at www.handbaghirehq.co.uk

Telephone: +44 788 213 5252

Brummel

Headline

Mayfair goes Modern

Sebastian + Barquet, a three-year old design gallery based in New York and Chelsea, is opening a new gallery showing museum quality pieces in Mayfair next month, the first in London to focus on international modernism from the 1940s to the 1960s. Its opening exhibition is dedicated to American modernist design and is curated by celebrated architect Eric Parry.

Rich Monitor

Texas billionaire sues Lehman for $60m

Texas billionaire T. Boone Pickens has filed a lawsuit against Lehman Brothers for $59.9m (€43.8m), accusing the failed Wall Street bank of violating its contract by failing to repay collateral posted by the energy baron, according to a Reuters report.

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347