If The Row's $39, 000 alligator backpack can sell out, then perhaps this style of bags isn't strictly for students after all. Sonia Rykiel's clearly counting on it with the release of her Ligne Penelope.

This certainly isn't in The Row's league, but ...

Rafe delivers a traditional shoulder bag in the Penelope. No fashion rebel, this sensible Rafe bag is right in line with the current taste for practical purses.

It all starts with the fabric. While ivory tends to show stains easily, in patent leather we know we can simply wipe it clean. Also ...

Bulgari has channeled retro style with this fun Penelope hobo bag.

The cute color combo of pale pink and black calls to mind poodle skirts and jukeboxes. It's feminine without being fussy, and the rest of the Penelope follows suit. The casual slouch we associate with hobos is gone, replaced with smooth, ...

Coach is almost always a sure bet when it comes to handbags. The classic styles and quality craftsmanship are well worth the designer price tags that accompany these stylish bags. In comparison to other bag prices, however, Coach is generally fairly reasonable, which makes them even more enticing.

The popular brand's newest addition ...