ELI5: Explain Like I'm 5

It bag

A "it bag" is like a really special backpack or purse that is super popular among people who love fashion. It's like having a toy that everyone wants and thinks is cool. People might pay a lot of money for an it bag because they want to be seen carrying it around and be part of the cool group. It's like having a special toy that makes you feel happy and special, but for grownups who love fashion.
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