The mother of two told the New York Times that she purchased a stake in Cesta Collective, a company that has been selling these handbags since 2018.
These handbags are woven by women in Rwanda and then sent to Italy to enhance their quality. Meghan Markle revealed that 2023 was the first time she carried a Cesta Collective handbag, during an outing with her husband Prince Harry, Gwyneth Paltrow, and Cameron Diaz.
She shared that she discovered these handbags online, as she spends a significant amount of time on the internet looking for new trends and innovations from around the world.
According to Meghan Markle, what motivated her to invest in Cesta Collective was its alignment with her goal of empowering or supporting female artisans to improve their livelihoods and ensure they receive fair wages.
She stated, "With Cesta Collective, I have begun to understand the number of women whose lives have been transformed through their work, and that is something very valuable to me."
Erin Ryder, the CEO of Cesta Collective, mentioned that since they started collaborating with Meghan Markle, their products have gained much more attention compared to other successful periods in their business.
Investment is synonymous with Meghan Markle, as she has invested in nearly 10 other companies. Nowadays, wherever Meghan Markle goes, she carries Cesta Collective handbags. During her recent visit to Colombia, she carried various handbags, including the Braided Canvas Tote (priced at $750) and the Crossbody (priced at $750).
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