MK & Ashley Olsen Create $55k Backpack (Just In Time for Christmas)

Posted Tuesday December 4, 2012 12:22 PM GMT

Everyone has a family member with impossible-to-please taste, and this holiday season Mary Kate and Ashley Olsen have just the gift for them!

The dynamic designing duo behind The Row have teamed with Damien Hirst for a luxurious new line of backpacks, priced at $55,000 each.

Of course, a portion of the proceeds from the Olsen/Hirst bags goes to UNICEF, so it’s kind of like the gift that keeps on giving.

Mary Kate and Ashley’s new capsule collection consists of nine different styles, all based on their signature black patent Nile crocodile leather.

Photo Credit: Getty Images

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