Lifestyle Style The Inexpensive Handbag Supermodels Can't Stop Carrying This Summer Is on Amazon Gigi Hadid, Emily Ratajkowski, and Hailey Bieber all own it By Alex Warner Alex Warner Instagram Website Alex Warner is the senior celebrity and entertainment writer and strategist for People.com with over 5 years of experience. She covers a wide range of shopping-focused topics, such as how to get celebrity looks for less, the best deals and sales online, products trending on social media, and new brand launches. She also dives deep into data reports to strategize future content opportunities.Alex's writing spans across multiple verticals including fashion, beauty, home, and lifestyle and she has covered celebrity news, awards shows, and live events such as the royal wedding. She has also interviewed celebrities including Anna Faris, Dakota Johnson, Vanessa Hudgens, and Rita Ora.Alex lived in New York for 3 years and now resides on the sunny West Coast with her husband and Golden Retriever. People Editorial Guidelines Published on July 19, 2021 10:00 PM Share Tweet Pin Email We independently research, test, review, and recommend the best products—learn more about our process. If you buy something through our links, we may earn a commission. Photo: Emily Ratajkowski/Instagram Every so often a new "It" bag emerges in the hands of fashion girls, and it usually costs a small fortune. Take, for example, the Cult Gaia Ark bag that has been a celebrity favorite for years or the Senreve Maestra bag that's been carried by influencers and A-listers alike. But there's a new bag that's shaping up to be summer's must-have wardrobe staple — and it's so inexpensive, it's almost too good to be true. Say, hello to JW Pei's Gabbi Bag. The tiny shoulder bag has become something of an icon around Hollywood and on social media this season. You've likely seen the Gabbi bag slung over the arms of supermodels like Gigi Hadid, Hailey Bieber, Irinia Shayk, and Emily Ratajkowski, who owns it in at least three different colors. The budget-friendly bag has been making its rounds on TikTok and Instagram, too. Users are shocked at the bag's incredibly low price point and the fact that it's available on Amazon. Made from 100 percent premium vegan leather and recycled plastic, the Gabbi bag has a puffy, baguette-like silhouette that is reminiscent of the popular '90s trend. Combining a minimalist aesthetic with a hint of today's trends, it's a versatile piece you'll be reaching for year after year. Though the bag has a compact shape, the interior is spacious enough to hold your smartphone, keys, and a small wallet. It has a magnetic closure to ensure everything stays put. While its scrunched strap isn't adjustable, it's long enough that it can be styled over the shoulder or carried by hand. It's actually one of the design elements customers love most. Amazon Buy It! JW Pei Gabbi Bag, $71.99; amazon.com "This handbag is feminine and elegant," one Amazon shopper wrote. "The exterior is as smooth as silk and the curled handle is a delightful change from ordinary straps. A hidden magnet snaps it shut. It's very well made and smaller than what I usually carry, but it has plenty of room for holding [credit cards], phone, mirror, tissues. I wore it with a beige and black dress and I received so many compliments!" JW Pei was founded by husband and wife duo Yang Pei and Steph Li, who are on a mission to make fashion more affordable and accessible — which is why the accessories brand recently launched on Amazon. The Gabbi bag costs $72 and is available in three different colors at the retailer, including beige, light purple, and light yellow (as seen above on Emrata). Be sure to check out the brand's website to get it in an array of bright candy colors like icy blue and blood orange — both $89. And if you're a new JW Pei customer, enter the code NEW10 at checkout to get 10 percent off your order. Finally, there's a trendy bag we don't have to shell out the big bucks for. Scroll down to shop what is undeniably summer's hottest celeb-approved arm candy for yourself. Amazon Buy It! JW Pei Gabbi Bag, $71.99; amazon.com Amazon Buy It! JW Pei Gabbi Bag, $71.99; amazon.com JW Pei Buy It! JW Pei Gabbi Bag, $89; jwpei.com JW Pei Buy It! JW Pei Gabbi Bag, $89; jwpei.com Do you love a good deal? Sign up for PEOPLE's Shopping newsletter to stay up-to-date on the latest sales, plus celebrity fashion, home decor and more.