by POPSUGAR Fashion 12

No one's arguing that the handbag designer of the year is Chanel. Balenciaga was close behind, but Chanel wins both your and my vote. Karl has a way of reinventing the classic with every collection. And, he manages to throw in comic relief, poking fun at the fabulous world of fashion. They may be some of the steepest priced bags out there, but we're all lusting over Chanel.

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