$150,000 Urban Satchel from Louis Vuitton

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Only the French fashion brand Louis Vuitton could convince buyers to cough up $150,000 for a handbag that is made of garbage.

Ashley Olsen has signed a multi-million dollar endorsement deal to advertise the $150,000 Urban Satchel in upcoming issues of Vogue. It’s rumored the Olsen Twins are locked in heated battle over who gets to purchase the bag, while Anna Wintour and Victoria Beckham have started a nasty bidding war for it.

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