While this upper crust merchandise mainly is found among European luxurygoods brands, no less than Coach has tossed a special bag into this ultra-affluent arena. It’s this bag made of Louisiana crocodile and designed by Billy Reid.
The winner of last year’s CFDA Menswear Designer of the Year, Reid collaborated with Coach on a capsule line to be introduced this fall. Most of the leathergoods in the collection retail from $250 to $800, but this bag carries a $20,000 price tag.
This bag–along with the hiring of Loewe’s Stuart Vevers as Coach’s new creative director–could be a sign that Coach, too, is taking a high road.