Glam Slam: Who Would Pay $39,000 For A Backpack?

First Published: October 6, 2011 1:35 PM EDT Credit: Getty Images LOS ANGELES, Calif. -- Caption Crocodile Backpack by The RowUm, not me! I mean its a nice bag and all. Its from Mary-Kate and Ashley Olsens uber-upscale and understated line The Row. The bag is made of crocodile, which is extremely expensive, but really? Almost FORTY thousand dollars? For a backpack? Apparently, the bags are selling out at Barneys NY. WHO spends that kind of money on a backpack is the obvious question? WHY would they spend so much? Especially during these economic times. It was the first thing that sold off the shelf, Ashley Olsen told Womens Wear Daily. Even if I had that kind of dough, I would not spend it on a backpackcrocodile or not! With that kind of money, I might buy, oh, I dont know, a CAR maybe! Purse or car? Purse or car? A no-brainer for 99% of the population! For luxury loving fashionistas, this practically makes the Hermes Birkin bags look like a steal at a mere eight thousand dollars. If you want a Birkin in crocodile, those start at 30 grand, so the Olsens are aiming for the big guns with their first bag collection. Who would have thought the cute Full House twins would go from selling affordable clothes (including backpacks!) at Wal Mart to backpacks worth a nice car? I, for one, certainly didnt see it coming. Copyright 2011 by NBC Universal, Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.