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according to the company's winningly titled chief visionary officer, sung joo kim, its success so far has hinged on the understanding of major developments in the luxury market. price for mcm bags its founder was investigated for alleged tax evasion, fakes flooded the market and the brand's designs lost their appeal. bricks and mortar stores that focus on men's businesswear, such as australian mainstay harrolds, are now stocking backpacks for their more forward-thinking clients. 1200 block of collier road—on feb. [price for mcm bags] asia is the main market, by quite some stretch – china, korea and japan each contribute almost a third of mcm's revenue – but europe is ripe for expansion, as the opening of a dedicated 105 sq m mcm boutique at harrods last month, and a planned opening in bond street next year, attest.