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The Decade of the It-Bag

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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]