A Spanish label, Loewe, will release this bag below: basically, a leather version of what we all know as paper grocery bags from the supermarket. The idea is that handbags have become too flashy and in the climate of an economic recession, flashy doesn’t look good. This is Loewe’s attempt to strip down bags to pure simplicity and practicality. Hence this:

I don’t know. Yeah, it makes sense that we’d revert back to minimalism in the midst of a recession. But this is only reflecting the reality of our economy in style. This leather grocery bag lookalike will still go for $1,045. It seems just a little bit bizarre, right?

What do you think? Would you buy one of Loewe’s luxury leather grocery bags, if money weren’t an issue?