NEW YORK (CNN) - Apparently no one told Mary-Kate and Ashley Olsen that there is a recession.
The fashionistas are struggling to keep up with demand for their $39,000 alligator backpack.
The bag, which was created for the twins' luxury line, is flying off the shelves, according to Women's Wear Daily.
Mary-Kate Olsen said the glossy-black item is actually quite practical.
She told Style.com the twins wanted to create "a bag for every occasion."