When we discussed Reed Krakoff’s Fall 2010 handbag line last week, many of you mentioned that your favorite was one we had omitted: the Reed Krakoff Alligator and Felt Boxer II Tote. The bag’s omission was intentional: I think it’s beautiful enough to deserve its own post.

When it first appeared on Net-a-Porter two weeks ago, it managed to sell out before I even woke up (which, admittedly, was later than a real adult should be waking up for work), but a second shipment has come in.

If the name Reed Krakoff is familiar to you, there’s a very good reason why: as president of Coach Inc., Krakoff is often credited with turning the company around making it into the handbag behemoth that we know today. Whether you’re a fan of that brand or not, it’s hard not to admit that Krakoff has shown a keen understanding of the types of handbags American women want to buy.

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