Chanel Is Going to Sell That Hula-Hoop Bag

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Karl Lagerfeld sent a giant version down the runway in October and joked that you could use it as an umbrella (or something?) at the beach. Most people probably assumed that it would never see the light of production, but never underestimate the humor behind Kaiser Karl. Instead, Chanel is selling a miniature version of the bag, and while the size was cut down to 24 centimeters across, the cost is still quite large: It retails for $2,400.