LUXURY: Forget the recession – this Hermès Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag with Solid 18K White Gold & Diamond Hardware recently sold for $203,150 – a new world record for the highest price for a handbag sold at public auction! The bag collector wishes to remain anonymous (probably to avoid having the 99% come after them). (WWD)

HOLIDAY GIFTS: Speaking of non-recession friendly items, Gucci’s latest must-have accessories are their designer bikes – the Bianchi designed by Frida Giannini of Gucci. The two bikes retail at $6,200 for the white steel single-speed version with Gucci leather handle grips, and $14,000 for the matte black carbon-fiber model; an ‘urban/off-road bike with carbon fork and disc brakes’. (WSJ)

MEN’S: Wanna see A. C. Slater model in his own undies? Former ‘Saved by the Bell‘ star and ‘Extra‘ host, Mario Lopez, is launching his own underwear collection called RatedM. The line, consisting of three collections (basic foundations called Elementary, ‘dressier’ underwear (huh?) called Atelier and athletic underwear called Play) launched on Freshpair.com last week and will be in select Bloomingdales’ this February. (WWD)

DO-GOODERS: SUNO, famous for its ethnic-printed womenswear line, has launched an affordable and ethical canvas sneaker collection. The kicks feature printed uppers and recycled rubber soles and a portion of the proceeds benefit the David Sheldrick Wildlife Trust for orphaned baby elephants, rhinos and other animals. (NY Mag – The Cut)

CHILDREN’S: Famed designer Oscar de la Renta is launching his first in-house children’s wear collection. The collection will be for girls and boys ages 18 months to 14 years old. A capsule collection for spring-summer will be available at Bergdorf Goodman, Harrods and Oscar de la Renta boutiques and the first full line for fall-winter will be unveiled through the Oscar de la Renta Web site, stores and select retailers. (WWD)

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