May 08, 2007 10:00 AM

Whether on the red carpet or running errands in L.A., Chanel has always been a favorite of Hollywood’s “it” girls. Mary-Kate Olsen even wrote an ode to her classic red Chanel bag. This season, stylish starlets are scooping up the Chanel 2.55 handbag in patent calfskin, white, black or ruthenium metal. Like all things Chanel, the flap bag doesn’t exactly come cheap. Sold exclusively at select Chanel boutiques, it carries a hefty price tag– $2675 to be exact (call 800-550-0005 to order). Luckily, you can get the look at for a more reasonable $120. Tell us: Would you ever splurge on a real Chanel bag?

Photo: Sylvain Gaboury/FilmMagic; Earl/Field/Splash news online; FAME

You May Like