Hong Kong firm has launched a series of television commercials offering personal loans in exchange for ladies’ luxury handbags.

Yes Lady Finance will pay cash-strapped socialites up to 70 percent of the bag’s value with 28 percent annualised interest, the South China Morning Post said.

The Italian fashion house Fendi comes with a new funny concept of bag.

Now, you can have your Fendi Baguette, where “your” means unique and really representing your own style. How is it possible?

With the new Fendi limited edition called Baguette Mezzo Punto.

Now available through Louis Vuitton is a Revelation Keep-all Bag, which is a part of the famed fashion house’s Fall/Winter accessories range.

The bag is distinctive with its raised Monogram pattern on soft black, grained veal leather which is inspired by scarification.

In the inside, the lining is also made from grained veal leather, but this time in rich burgundy-ish color.

The Ralph Lauren Scuderia Bags could make a stylish addition to your travel kit.

The designer’s latest bag collection was inspired by Ferrari’s renowned racing division, as you might have guessed.

With duffel bags, totes, wallets and more on offer, there’s something to suit all your needs.

The Louis Vuitton 5th Avenue store put up a window display showing the rich history of the speedy bag by putting different editions up on a conveyor belt

Take a look at the video as the Speedys travel through the corner windows of the store.

Passing smoothly on a moving belt, through curtains of gold bead the bags are transformed into the next variation of the Monogram.

The new handbag line Chanel Coco Cocoon fronted by Lily Allen will be available October 2009.

The bags are practical large sized and puffy, and the idea is that you can turn it inside out.