Olsen sisters design backpack for $55,000

Designer sisters Mary Kate and Ashley Olsen, whose last bag was priced at a whopping 39,000 dollars, have gone a step further by releasing a 55,000-dollar backpack adorned with prescription pills.

Update: 2012-12-07 10:52 GMT
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Designer sisters Mary Kate and Ashley Olsen, whose last bag was priced at a whopping 39,000 dollars, have gone a step further by releasing a 55,000-dollar backpack adorned with prescription pills. The Olsen twins’ label, The Row, has created the bag in collaboration with British artist Damien Hirst, the Daily Mail reported. Created out of black patent leather from Nile crocodiles, the backpack is one of 12 being sold on behalf of Just One Eye, which include plain and polka-dotted versions also. “We are longtime admirers of both Damien and The Row’s work, and our main focus here is to nurture work between artists working in different mediums,” Just One Eye co-founder Paola Russo said in a statement.

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