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If you’re looking for an extravagant holiday gift to give or receive—Louis Vuitton may have just what you need, or never knew you needed. The iconic brand just debuted its most expensive handbag ever—a crocodile-skin City Steamer satchel, complete with engraved padlock, and name-tag, with a price tag of $55,500 for those who’ve been extra nice this year. Go to

louisvuitton.com for more details and where to shop.