National Ledger

Real Estate Trends

Home Design Advice

Interior Design Tips


Ledger Lifestyle - Fashion, Home & Shopping

Celebrity Fashion & Style - Did Mary-Kate and Ashley Olsen Desing a $55k Bag?

By Staff
Dec 10, 2012
Mary-Kate and Ashley Olsen

Celebrity Fashion & Style - Did Mary-Kate and Ashley Olsen design a handbag that has a whopping $55,000 price tag?

Yes! - the Olsen twins have lent their talents on a project that produced a bag that costs $55K!

The designer siblings teamed up with renowned artist Damien Hirst to create the limited-edition backpack for their upmarket fashion line The Row, which has been dubbed ''wearable art''.

There are only 12 bags available and each bag features black patent, Nile crocodile leather and is adorned with various designs (like pills or gold circles) courtesy of Damien.

Last year, the stylish twins designed a $39,000 alligator backpack, which was the first item to sell from their new handbag range.

The former child stars were thrilled with the sale of the controversial bag, with Ashley noting that luxury items perform well during uncertain economic times.

She said: ''It was the first thing that sold off the shelf. During our last economic crisis in the U.S., the only thing that went up was Hermes.''

As well as The Row, Mary-Kate and Ashley also have two other fashion ranges, Elizabeth + James and Olsenboye.

© Bang Showbiz

See Photos: Random Celebrity Photos


Got an opinion? Share your thoughts now.  

More Random Celebrity Photos Stories



Random Celebrity Photos Photo Gallery

Click photo to enlarge.

  • Kate Walsh and pal walking the dogs.
  • A very pregnant Kourtney Kardashian walks with a friend in LA.
  • Robin Thicke performs on Good Morning America
  • Kate Upton.
  • The Jenner Girls.
  • One Direction's Liam Payne and Louis Tomlinson ride bicycles around London.

See More Photos In The Random Celebrity Photos Photo Gallery

Leave A Comment


DIY Projects

Social Security Q & A

News & Politics

About Ledger

National Ledger