5 Under 500 Stripe Bags
5 Under 500 Minty Fresh
Rag & Bone Enfield Shoulder Bag

Bag: Rag & Bone Enfield Shoulder Bag

Price: $795 via ShopBop

Why it’s the Bag of the Week: Rag & Bone has long been great at making cool-girl wardrobe staples in nearly every product category, but the brand’s bags have never been exactly on target – until now.

Karl Lagerfeld Nylon Belt Bag

Karl Lagerfeld is, to put it lightly, an interesting dude. Not only does the Kaiser have a knack for the utterly luxurious (as seen at Chanel, Fendi and beyond), but he seems to have a parallel appreciation for low culture as well; his designs often feature inventive spins on the kinds of objects that regular people interact with everyday, recast as fashion pieces that are purposefully fantastical and ripe for discussion in the fashion press.

5 Under 500 Statement Bags
MICHAEL Michael Kors Large Sutton Satchel

We get a lot of reader email asking for advice and recommendations, but the one questions we’ve received most consistently over the years are queries about what a young woman should choose for her first designer bag. Those questions are very near and dear to our hearts – Megs and I can both recount the acquisition of our first bags in vivid detail – and today, we’re here to provide answers both general and specific.

Coach-Fall-2014-Bags-24

As any fan knows, Coach is in a state of flux right now. Gone is longtime creative force Reed Krakoff, and in his place, accessories guru Stuart Vevers, late of Loewe and Mulberry, has arrived to take the stalwart American accessories brand in a more fashion-forward direction.

5 Under 500 Floral Bags
ALC Bags at Intermix

Over the past few years, a new handbag market has emerged. It’s not exactly contemporary, but it’s more attainable and casual than premiere designer, and it’s probably most accurately referred to as “premium contemporary.” It offers the same sophisticated finish that comes with much pricier bags, and pioneering premium contemporary brands like Alexander Wang and 3.1 Phillip Lim have found a market flush with consumers looking for a particular mix of style and ubstance.

Marc by Marc Jacobs Circle in Square Quilted Satchel

Bag: Marc by Marc Jacobs Circle in Square Quilted Satchel

Price:$628 via Bloomingdale’s

Why it’s the Bag of the Week: Marc by Marc Jacobs is in the midst of a total revamp, but this bag reminds us of exactly what we love about the brand.