For all the buzzy designer handbags that are released each season, only a few hold true cult status—namely, the Hermès Birkin, the Chanel flap bag, and more recently, The Row's Margaux. Iconic, timeless, and increasingly difficult to get ahold-of, they're status symbols in and of themselves, sitting lofty and untouchable within their own 'holy grail' tier.
But if the past few weeks are anything to go by, it seems that another style is poised to join their ranks—one that cleverly brings together elements of each, while still feeling fresh, exciting and new. I'm talking about the Chanel XL Tote, of course—a bag so new that it doesn't even have an official name yet, but that's already being dubbed the It bag of 2026, and beyond.
