It's all about what I like or don't like. Little to do with status. Some to do with status,,I'm human and I admit to a certain amount of logo envy but I'm just as happy with my discount store purchases as I am with my designer ones. And I DON'T buy fakes, if I want something with the Logo I'll save up and buy the real thing thank you very much.
I like single compartment zipper top purses,,,Coach has a couple of styles that are that configuration. If they come out with a pattern I like then I might splurge and buy one at the outlet (I've never paid full price for a purse, but I have paid full price for some smaller things like wristlets.)
I also buy Fossils (think Dillards and Macy's price range) because they have this type of purse...most of my wallets are Fossil because I like the trifold style they carry. I don't like most of the Coach wallets, they have weird configurations. So I don't buy wallets from Coach.
I also have a couple of
WalMart purses and bags..because I like them or because they fit what I need at the time. I also tend to buy Walmart or Harry Moon if I'm buying something "trendy" (I admit it I have a black barrel purse with my initial on it LOL) All the Coach and Fossil I have for the most part are classic styles. If I'm going to go trendy I go cheap cause they will fade but a classic purse I'll spend a more on. I've also never worn out a Fossil or a Coach. They hold up really well.
I guess it's like people who buy Sketchers shoes or those pointy heeled MB's...so ugly I would never pay that much for ugly shoes..plus I'm really hard on shoes so I tend to buy middle of the line ones, good enough to be well made but not so expensive that I get mad when I scuff them in the first week.
Same with sunglasses...I break them or lose them in just months, so why pay a fortune for them...cheap and no big loss when they fall over the balcony.
It's all a matter of what you're comfortable with.