CultureWaves does not fully support Internet Explorer or Safari right now. Please install and use Firefox.

created over 3 years ago | Tagged: esteem, fashion, design, handbag, power plays, shopping, twins, alligator,


There's no economic recession here. Just earlier this year, actresses-turned-fashionistas Mary-Kate and Ashley Olson launched their newest handbag line that includes a backpack with a price tag to die for. (Well, maybe at least one alligator did.) The famed $39,000 item for their line, The Row, isn't just ludicrous; it's flying off the shelves and actually selling out.

Barneys New York, who stocks the bag, is of course thrilled. The department store's fashion director, Amanda Brooks, gloated, “'I think if you were ever going to spend $39,000 on a bag, that's the bag you should buy because I think you'd wear it for a really long time.” Right.

Ashley Olson also had a few choice words to say about the bag's popularity. “During our last economic crisis in the U.S., the only thing that went up was Hermès,” she reflected, while sipping champagne with shoe magician Christian Louboutin as an American job was shedded with every clink.




Latest recipes from The Food Channel:

See what else is hot with CultureWaves »