... to so-called luxury goods. “It’s like you gotta have it or you’ll die.” Tom Ford, formerly of Gucci, explaining what a “luxury” item is. “Everyone can afford a luxury handbag.” Karl Lagerfeld “It’s so easy to make money. The bag is the miracle of the company.” Miuccia Prada “Everybody----everybody----is talking about handbags with the intensity of cardinals appointing a new pope,” wrote an English journalist during London Fashion Week in 2006.