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So the big, bad Saks Fifth Avenue Fall Catalog just showed up at our doorstep, and the thing that stopped us in our tracks -- and NOT in the good way -- was the Karl's Cabas handbag from Chanel. Doubleyou-tee-eff. It's fugly. It's pricey (Saks lists it at $3,850). And the mixed media monstrosity isn't even original; it just looks like a furry version of the hidie bag Marc Jacobs did for Louis Vuitton in 2007. Ha ha, and in a reversal of fortune (literally) in this morning's iPad case blurb, the Louis Vuitton fug was actually much, much pricier. [Saks Fifth Avenue]