From my friend, the Canadian Sentinel:

Michelle, ma belle, sports a $1,000 handbag, for God’s sake.

Anyone, besides me, think this is a bag that could be acquired had you purchased $50 or more worth of books at Barnes & Noble? From WhiteHouseDossier:

It’s a Reed Krakoff two-tone ribboned large tote, and you can get it at Mr. Krakoff’s website for $990, plus shipping I guess. But we don’t worry about shipping. Fedex it, in fact.

No wait a second, you can’t get it, because it’s already sold out, at least in the teal color she got.

Love it with the blue slippers, BTW. It just WORKS, okay?