A random mental walk.

Tuesday, June 08, 2021

Briefcases Replace by Backpacks?

I went through some clickbait recently about what people over 40 still do which is uncool.  (I'm intrigued by the idea that people over forty feel a need to be cool.)  One of the uncool things was briefcases.  

For years now I've been hauling my stuff in backpacks because 1) backpacks hold more than a briefcase and 2) It would be presumptuous.  On the other hand, a briefcase with metal protecting the corners is probably a better weapon, but I digress.

This came to mind when I saw the REUTERS photo of the lawyers for Elizabeth Holmes going to court lugging backpacks.  

When high-priced lawyers (I'm assuming that Holmes is well represented) eschew briefcases does this indicate a problem for briefcase manufacturers?  Should I be stocking up on put options?  

A quick web search showed there were "briefcase backpacks".  (Lululemon was out of stock.)  It probably means that those who cater to the former briefcase wielding crowd have already responded to demand and I am once again in the social derrière guard. 


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