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The It bag explosion led to year long waiting lists for highly coveted bags, such as the 2007 Fendi Baguette. Ask any fashionable woman today and she will testify that her style status is still often determined by the bag she is seen slinging.Such has been the impact of handbags on the world of contemporary fashion that London's Design Museum has now published Fifty Bags That Changed the World (Hachette, $25), a photo book chronicling and celebrating the world's most iconic and influential bags.A flip through its pages reveals the evolution of the handbag from the humble backpack thought to have been carried by our nomadic forefathers to the early 1900s doctor bag (a great source of designer inspiration today) through to postmodern luxuries, such as the 2.55 Chanel quilted shoulder bag created in 1955.Also featured is the Hermes Kelly bag of 1956 (in honour of actor turned princess Grace Kelly), along with more recent developments in handbag land, such as the highly successful...