Money Mayhem: The $290 Paper Bag

Libby Kane
Posted

LearnVest always seeks to educate and inform, but every once in a while, a financial matter hits the headlines and makes us go, “Huh.”

Sometimes it even provides us a lens to learn about ourselves. In that spirit, from bad money decisions to financial lessons worth millions, consider our Money Mayhem series your source of financial edu-tainment.

Brown paper bags are utilitarian, charming and cheap, a handy solution to hold everything from lunch to party favors.

Jil Sander’s version is none of the above.

The designer’s new brown bag is called the “Vasari,” and according to The Daily Mail:

“[The bag] is rendered from high-durability coated paper, featuring stitched seams, metal eyelets (for ventilation, naturally) and a prominent designer logo.”

The bag, which appears to only be useful as shown by the models in Sanders’ runway show–that is, clutched in hand–is a steal at $290. Well, it’s a steal compared to the leather version, which costs $630. We can only imagine that people toting either bag not only feel rich (as one is wont to do), but are rich. That, or they’re incurring some serious credit card debt.

The icing on the cake (er, sandwich)? The Vasari is sold out.

Then again, we understand: Veteran lunch packers probably could not resist when they saw that the shipping is free!

Image Credit: LN-CC

  • http://fitorama.wordpress.com/ Lauren Lever

    This is the dumbest thing I have ever seen. 

  • http://twitter.com/positivelyjewls Positively Jewls

    So not cool, such a waste of money.  Hear I was feeling all good about reusing my brown paper bags but who knew I could by one for only $290.  SMH!

  • Scott Thomas

    The food packaging Paper bags are tea packaging bags, coffee packaging bags etc. the white paper bags are so attractive. 

  • oh please…

    A designer paper bag! REALLY??? What will these spoiled, entitled ones not spend money on? I’ve always said some people have more money than sense…. now here is real proof.

    I’d rather give a paper bag and some crayons or markers to my year-old great nieces….

  • Catttani

    Wow is the FINANCIAL site suggesting a ridiculously  unnecessary splurge? This must be a joke!

  • http://pulse.yahoo.com/_GN2KNKGKZIXVZMF5Y4SE4HENUQ altered_intentionz

    who still uses paper bags? stupid idea, but so are lots of things the elite spend money on…