Hold up. Louis Vuitton is releasing a backpack set to retail at $81,500 US. That's about $113,800 when you convert it to the Aussie dollar (excluding GST).
Described on the website as "a visually powerful everyday bag with the vigor [sic] of the outdoors," the backpack comes in a few styles with the crocodile skin iteration retailing at the highest price point. The price range is pretty varied, with the all-red version going for a cool $3,500. A bargain, right?
Now available online.