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Olsen Twins' $39K Backpack Sells Out—Quickly

Apparently ridiculously expensive luxury items perform well in a recession

By Evann Gastaldo,  Newser Staff

Posted Oct 6, 2011 9:13 AM CDT

(Newser) – The solution to America's endless economic woes is apparently the Olsen twins' $39,000 backpack. In a Women's Wear Daily interview from last week just getting some attention, Ashley explains why she and her sister thought extreme luxury might sell: "During our...   Read full story »

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