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In showing my first Handbag Collection, would an accessories trade show or a gift show be a better choice (or both)?

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trade show would be most relevant for you.
Thanks. Can I ask why you think that because going to gift shows and gift stores, I see alot of women's accessories....????
if your handbags are high end constructed with good leather and exotic skins,
then you want them in department stores and high end boutiques.
i'm referring to the nyc market.
in nyc a gift shop is usually for souveneirs.
outside of new york it might be different.
http://www.javitscenter.com/events.aspx?mid=244

try this link it will show the different trade shows & events in nyc.

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