When Karl Lagerfeld’s piece de resistance on the arm of Sigrid Agren last month, everyone cheered the Chanel designer’s publicity-creating acumen . ‘Of course it won’t actually go into production’ the editors smiled to themselves. ‘It’s just a catwalk showpiece’.

But guess what? It has gone into production. will be able to buy into the hula hoop trend, albeit at a rather reduced size. Nymag reports that ‘Chanel is selling a miniature version of the bag, and while the size was cut down to 24 centimeters across, the cost is still quite large: It retails for $2,400.’

Which is about £1,512 sterling, bag fans.

Alternatively, you could make like Alexa Chung with a homemade version, if you haven't quite got the cash for the original.

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