Appetites for designer handbags hold on as most expensive arm candy sold this year

It was the year when the most expensive bag ever sold - a Hermes Birkin for a whooping €200,000. Corina Gaffey looks at our obsession with designer arm candy    

If you thought you splurged on accessories, think again, as a few months ago a rare Barbie-pink crocodile skin, Hermes Birkin, with diamond-encrusted hardware set a record in Hong Kong as the most expensive handbag ever sold at auction reaching a whopping €200,000.

Whether you call it a designer bag, investment bag or simply an IT bag, there’s no denying it’s back, alive and kicking.