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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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Current price of oil as of June 12, 2026
Balenciaga

Balenciaga Just Came Out With Another Expensive Shopping Bag

By
Lisa Marie Segarra
Lisa Marie Segarra
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By
Lisa Marie Segarra
Lisa Marie Segarra
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July 12, 2017, 11:03 AM ET

Balenciaga is not done giving shopping bags luxurious upgrades.

First, the French fashion house came out with a bag eerily similar to Ikea’s Frakta tote. Now, its latest design looks like an upscale version of the free one customers get after making a purchase at one of their own stores.

Of course, this bag is made of calf skin leather rather than paper. It also comes with a double zipper fastening and pockets inside, plus Nappa leather handles and silver hardware.

And also unlike the bag customers receive in store, the bag Balenciaga comes at a price: The fashion house is selling the bag through retailer Colette for €1,595. That comes out to about $1,832.

According to Colette’s website, the bag is a limited edition item connected to the French retailer dedicating the entire second floor of its Paris location to Balenciaga’s Men Fall/Winter 2017 collection from June 19 through Aug. 5.

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By Lisa Marie Segarra
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