Get ready, folks. A new collection of crazy expensive luxury handbags are scheduled to hit runways and stores sometime in the future.
Long-established but recently rejuvenated label Balmain is stepping into the wide world of accessories with a new venture involving handbags. Past collections from the infamously pricey ready-to-wear brand have included $3,000 t-shirts and $22,000 dresses. One can only guess the sort of price range their handbags will have.
So far, rumor has it that the label has given a few Paris retailers a sneak peek of pre-collections that include leather bags clustered with studs and crystals. This sounds fairly consistent with Balmain's tough-luxe image.
I think we can safely assume that these new handbags will carry with them price tags with more than a couple of zeros on them. It seems like a strange time for a fashion brand to delve into overpriced accessories, but maybe Balmain knows something about the economy that we don't.
[Source: WWD]
[Image: feelitmorethanever/Flickr]
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