'It becomes more about status signalling': Is £7m for a handbag absurd or justified?
- Posted on August 2, 2025
- By BBC News
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'It becomes more about status signalling': Is £7m for a handbag absurd or justified?

As a pop-up handbag auction opens in London, a fashion frenzy is gripping venerable auction houses – and sending prices sky high. Can fashion ever be on a par with a Picasso?