Hey, handbag designers! We need to talk. Huddle up, it’s time for a chit chat.

I know that relatively inexpensive canvas totes probably sell well for you guys. They’re extremely low-margin compared to leather bags (which are already pretty low-margin compared to lots of consumer products), and having a strong brand name means you get to mark them up like crazy. I get it! I just don’t like it.

Take the Reed Krakoff Leather-Trimmed Canvas Tote, for example. When I first saw it, I got that little sparkly feeling in the back of my brain that happens as soon as I set eyes on something that I really like. Printed bags are under-appreciated, and this graphic python print in particular is quite nice. For a moment, I had hope that the bag was leather. Those hopes were quickly dashed.

To be clear, this isn’t something that’s limited to Reed Krakoff, and I generally think that Krakoff’s designs are well-priced compared to other options of a similar style and quality. Those things are generally positive, but in this case, they made the fact that this tote is canvas a bit of a bigger letdown. For such a simple shape in an inexpensive fabric, I can’t abide this kind of price tag from any brand. Jack up the price a little further and give me leather, Reed. Or anyone! But especially Reed. Priced at $540 via Net-a-Porter.

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AW
AW
11 years ago

I agree – it took me a double take and a quick read through before realizing this isn’t leather. And at a $500+ price point, that’s a bit steep for a plain canvas bag

Tiffany
Tiffany
11 years ago

That bag is gorgeous! Looks like it can go with anything.

Nadia
Nadia
11 years ago

I agree, it’s outrageous

sx
sx
11 years ago

Actually when RM’s canvas mab first came out, it gave me a good laugh. I took it as a smart parody of her leather bags and the price tag seems more justifiable than this one

Graefka
Graefka
11 years ago

“They’re extremely low-margin compared to leather bags (which are already pretty low-margin compared to lots of consumer products), and having a strong brand name means you get to mark them up like crazy. ”

Don’t you mean high-margin? If they are marked up “like crazy,” that makes them high-margin items. Plenty of profit.

🙂

Erik
Erik
11 years ago

i think 250 is a good price for non leather totes like this, i mean it’s not groundbreaking or anything… it would be better if it were leather

Jennie
Jennie
11 years ago

Canvas is a no-no for me. I love the brush stroke effect though, very chic.

rose60610
rose60610
11 years ago

Cool print, bad pricing. For fabric bags I’d go Longchamps, but no higher. If I was bent on canvas I’d go Lands End or LL Bean. Designer canvas? Not for me. I’d rather put my dollars toward leather or skin.

carrie
carrie
11 years ago

Way too much for this bag…yes it’s fun, but not that fun!

jen
jen
11 years ago

I couldn’t agree more!

Antique Nappa