1. Handbags

“We're in the business of selling pleasure. We don't sell handbags or haute couture. We sell dreams.” Alain Wertheimer, chairman of Chanel fashion house.

I hope all my American readers had a Happy Thanksgiving.

Before I begin, I would like to thank my non-UK readers for tolerating my UK spellings over the past year. However, there is also the tricky s…