Hot or Not: Mary-Kate & Ashley’s $39,000 Backpack

Got a small fortune and a lot of patience? Then you could be the elated new owner of the uber-luxe $39,000 alligator backpack designed by Mary-Kate and Ashley Olsen for their line, The Row…just as soon as they get more in stock. Despite the shaky economy, the tiny twins say their haute carryall flew off the shelves. In my humble opinion, baby backpacks haven’t been acceptable since 1993 (if ever), and this reptilian creation is no exception. Would you toss your textbooks in this exclusive accessory?

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