clock menu more-arrow no yes mobile

Filed under:

The Decade of the It-Bag

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

In this decade, the price of a Gucci bag has increased a staggering 600%. This is one of the many genius statistics that Madison Avenue Spy dug up in a post looking at price inflation/deflation at luxury houses over the past ten years. Can you imagine paying $900 for a classic Lagerfeld Chanel bag these days? Not gonna happen. But what goes up, must come down...or so we can hope. [Madison Ave Spy]