Handbags like the Hermès Kelly, the Lady Dior, and the Chanel Classic Flap will never go out of style. Explore more timeless handbags that can actually increase in value the longer they remain in your ...

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Can you tell the difference between a $10,000 Chanel bag and a $200 knockoff? Almost nobody can, and it’s turning luxury fashion upside down. Credit...Grant Cornett for The New York Times. Set ...