Not to long ago the Olsen twins introduced a
backpack to their line that was a staggering $55,000. Yes you read that right.
Well those twins are at it again but this time their latest handbags endeavor
is a line of bags for their Elizabeth and James line that are affordably
priced!
The purses will hit stores in July and carry
an average price tag of $500. “The price point is below [Alexander] Wang and
[Phillip] Lim but above Marc [Jacobs] and Tory [Burch],” Mary-Kate tells WWD.
Her sister, Ashley, adds, “And Rebecca Minkoff. We wanted these bags to be
affordable.”
The line will feature a variety of styles and
sizes in a “somewhat
neutral” pallet with “pops of color,” according to Ashley.
Small leather goods will range from $125 –
$395, and handbags between $395 – $625.
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