The newest IT bag, for those who can afford it, is the Burberry 'Alligator' Warrior bag.

This bag will retail at $22,000/£13,000 and I can't see why.

OK the alligator skin has a lot to do with it, but even if I had that kind of money to spend on this bag, I would not. Even a standard Birkin does not cost that much.

We should not be surprised at the growing retail price of bags, considering Chanel sold it's ...