For those who have everything: The $1,000 fanny pack

(Image credit: Jerod Harris/Getty Images for H&M)

last updated 8 January 2015

One of this season's hottest fashion accessories will take many by surprise: the fanny pack. "The risk of guffaws aside," bags like the Eva from Newbark have been spotted on runways and around the waists of some of the most stylish fashionistas, said the Wall Street Journal. These "new hip-slung bags are a far cry from tourist-hugging nylon pouches," though. Some sport extravagant beads or sequins, while others are sleekly minimalist. Price tags can surpass $1,000. But the trendy crowd learned what grandmas always knew: These bags are "functional and hands-free," making them the "perfect accessory for spring and summer."