Moolah Rouge

Do you think spending Rs 10,000 on designer denim is extravagant? Then you might gasp at shelling out Rs 14 lakh for a mid-sized carry-all bag! Yes, five-figure ‘It’ bags are in and how!

“Our bags start from Rs 18,000. The most expensive bag that we have is a medium-sized bag from our handmade collection ‘Selleria’. It’s worth Rs 14 lakhs,” says Simone Batliwala, store manager, Fendi. Why would anyone spend so much on a purse? “The price tag is not just because of the brand, but also due to its styling and the fact that it’s made out of pure alligator skin. And above all, for its exclusivity, originality and status,” she explains. “

Burberry bags can go up to Rs 5.5 lakh. “Heritage python skin, patent leather and studded collections are very popular. However, I’ve to admit that most of the buyers have been tourists,” quotes store manager Yogendra.

A source at the newly launched Gucci store reveals, “The most expensive bag that we have is the ‘Indy’ bag, which is straight off the runway. It’s fully embroidered. We just have one piece and there are only 20 pieces around the world, so it’s definitely a collectible. It’s priced at Rs 2.5 lakh.”

Actor Amisha Patel a self-confessed handbag lover says, “I had a Moschino schoolbag when the brand first launched. I don’t mind maintaining a simple wardrobe, but I cannot stop splurging on accessories, as they make a statement. The most expensive bag that I have now is a Chanel one.”

Louis Vuitton and Jimmy Choo are also in this priceless list.

- dnaindia.com