Apparently the economy is doing much better than what we thought. The dynamo twins Mary Kate and Ashley have become a fashion phenom. They announced that they would toss their hat in the designer ring with all of the other celebrities that want to become a Rachel Roy, Karl Lagerfeld or Ralph Lauren.

The twins announced that they would sell their Alligator backpack for $39,000.oo. I remember thinking, who would buy a bag for $39,000?  I also said, "for that price that I would go down to Florida and wrestle my own Alligator and skin him myself".  It appears that I and a lot of other people were wrong the bags are SOLD OUT !! I bet even Rachel Zoe did not see this coming.  The twins said that the bag was the first thing off of the shelf. Wow ! They can barely keep up with the demand. Watch out Alligators the Olsen twins are coming for you.  

Via WWD

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