Leather Bags Business

2 Leather Bags Business Success Stories [2024]

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Updated: September 23rd, 2024

Turning a passion for craftsmanship into a lucrative venture, consider starting a leather bags business. This involves designing, producing, and selling high-quality leather bags, from handbags to satchels.

The process starts with sourcing quality leather, and then moves to designing unique products that can stand out in a crowded market. You can either handcraft these yourself, which requires some skill and patience, or partner with experienced artisans.

Selling can be done online through your own e-commerce store or platforms like Etsy. The appeal lies in creating timeless, durable products that resonate with customers seeking both style and functionality.

This business requires dedication to mastering leatherwork and a keen eye for fashion trends. If you have a love for craftsmanship and are willing to put in the effort, starting a leather bags business could be a fulfilling and profitable endeavor.

In this list, you'll find real-world leather bags business success stories and very profitable examples of starting a leather bags business that makes money.

1. Faire Leather Co. ($540K/year)

Ryan and Joseph came up with the idea for Faire Leather Co. after realizing that there weren't any bags on the market that effectively solved the problem of organizing daily essentials while still looking polished on the outside. They used their traditional know-how and expertise from Joe's family-owned leather factory to design and create functional, sleek leather goods that combined style with maximum function. After a successful Kickstarter campaign, they hit their two-year sales target of $1 million in just 10 months and have generated a total revenue of $2.3 million to date.

How much money it makes: $540K/year
How much did it cost to start: $180K
How many people on the team: 7

Capitalizing On Kickstarter To Start A $2.3M Leather Bags And Accessories Brand

Faire Leather Co. is an online leather goods label with a total revenue of approximately $2.3 million, started with a Kickstarter campaign that overfunded eight times, and now operates as a direct-to-consumer (DTC) business that is fully, vertically integrated, saving on costs and able to offer quality products.

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2. To Go Cycles ($6K/year)

Nathan Thomson, the founder of To Go Cycles, came up with the idea for his bicycle accessories company when he realized there was a need for a product that allowed cyclists to carry a 4-pack of beer. Unable to find a suitable solution on the market, he designed a durable and stylish saddle bag that could hold the drinks. Within the first day of launching the product, Thomson received messages of support and excitement, and the business has since grown its customer base across Canada and the United States.

How much money it makes: $6K/year
How much did it cost to start: $4K
How many people on the team: 0

I Started A Side Hustle By Creating A Bicycle Accessory For Myself

To Go Cycles sells a beer-friendly saddle bag for bike enthusiasts and has already sold their product across Canada and the US, improving brand awareness by partnering with local breweries and cycling groups, and planning to expand globally and expand their product range.

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