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A Lower-Priced L'Wren Scott?

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L'Wren Scott just launched her new handbag, the Lula, to some of the fashion world's toughest critics: bloggers. Twenty or so of them. The Lula bag comes in three sizes and various colors, but the exotic skins will set you back about $20,000. No worries, the calfskins are only $2,300. Good news if you don't want to drop that kind of dough: She also announced, without getting too specific, that she's planning on doing a lower-priced collection at some point in the future. [Fashionista]