Karl Lagerfeld is about to follow his designer pals like Calvin Klein and Isaac Mizrahi and create affordable accessories collection. Handbags and luggage will cost between $350-850, which is very affordable compared to the usual Chanel prices. I love the idea of high end designers producing items for the masses and not focusing on the luxury consumer only. Latest designers releases just proved that you don't have to use most expensive materials and hand made processes to produce a great fashionable product. Karl's new collection is coming up next year and the fashion world can't wait.