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Margaux
Extended top-handle tabsHandles formed from leather tabs that extend directly from the top edge.A detail resale buyers and authenticators check (Top edge where handle tabs emerge), correct shape, finish, and placement here support a higher verified resale value.
Belted, adjustable gusseted side panelsSide gussets cinch via a small belt/buckle.A detail resale buyers and authenticators check (Side panel buckle), correct shape, finish, and placement here support a higher verified resale value.
Top tab closureA leather tab secures the open top rather than a zip.A detail resale buyers and authenticators check (Top center, closure tab), correct shape, finish, and placement here support a higher verified resale value.
Interior T-bar fasteningA T-shaped bar closure inside secures the main compartment.A detail resale buyers and authenticators check (Interior opening), correct shape, finish, and placement here support a higher verified resale value.
Protective metal feetStuds on the base.A detail resale buyers and authenticators check (Base of bag), correct shape, finish, and placement here support a higher verified resale value.

Margaux

The Row
Appreciating
Resale Retail
Resale value range
$4,500 to $9,500
Retail price range
$3,650 to $6,400
MaterialGrained or smooth calfskin leather
HardwareMinimal brushed metal feet only; no branded hardware
Introduced2018
Categorytop-handle

The Margaux is The Row's signature top-handle tote, introduced in 2018 and built around extended leather top-handle tabs, belted gusseted side panels, and a simple top-tab closure in place of a zip.

Its defining trait is architectural minimalism: the bag's shape comes entirely from panel construction and leather quality rather than any visible logo or hardware.

The original open-top Margaux was quietly discontinued in 2025 and replaced by the boutique-only Soft Margaux, a shift that has driven resale prices for the original version sharply higher.

Margaux Sizes

Margaux Margaux 10
Margaux 10
Top-Handle & Crossbody
10.5" x 7.25" x 7"

The smallest core size, compact enough for crossbody carry via its optional strap while still offering the same architectural panel construction as the larger sizes.

$4,200 – $5,600
Margaux 12
Top-Handle & Crossbody
12.5" x 9.3" x 7.5"

A slightly roomier take on the 10, still convertible between top-handle and crossbody carry. A popular everyday size.

$4,600 – $6,200
Margaux Margaux 15
Margaux 15
Top-Handle Only
15.5" x 10.8" x 8.5"

The most iconic and most-cited Margaux size, offered in top-handle carry only. Fits a laptop and everyday essentials with room to spare.

$5,200 – $7,800
Margaux Margaux 17
Margaux 17
Top-Handle Only
17" x 12.5" x 9.5"

The largest Margaux, built for travel and maximum capacity. Top-handle only, and the size most often cited in comparisons to weekend or carry-on totes.

$5,800 – $9,500

Margaux Shapes & Companion Styles

E/W Margaux
East/West Shape
17" x 9" x 8" (E/W Soft Margaux 15)

A wider, shorter "east-west" orientation of the core Margaux silhouette, carried by top handle. Sold as a standing companion shape to the numbered sizes.

$4,000 – $5,600
Margaux Margaux Clutch
Margaux Clutch
Handle-less Clutch
17" x 10" x 7.5"

A handle-less, clutch-style treatment of the Margaux's panel construction, designed for evening carry. Smaller audience than the numbered totes, which is reflected in comparatively lower resale liquidity.

$3,800 – $5,200
Margaux Inside-Out
Reversed-Construction Treatment
12" x 17" x 10" (Margaux 17 Inside-Out)

A special construction where the leather panels are finished with the reverse (suede) side facing out, giving the same silhouette a softer, more matte look. Sold in more limited runs than the standard Margaux.

$4,200 – $6,000

Is the Margaux Worth Buying?

The Margaux is one of the rare modern handbags whose resale value has moved up rather than down. Reference SKU/colorway for pricing and imagery: Black grained leather (Soft Margaux, sizes 12/15) (Not a verified brand style code, reseller tags like TR19150B are consignment IDs only, not official The Row codes). Current retail on the relaunched Soft Margaux runs from about $3,950 for the size 10 up to $5,490 for the size 17. On the resale market, the discontinued original-style Margaux is now regularly clearing at or above those retail figures, Fashionphile has reported resale prices up roughly 44% year-over-year, with the bag often reselling around 40% over its original retail price, and TheRealReal has listed Margaux 15s reselling in the $4,350–$6,000+ range. That amounts to roughly 100-140% value retention against original MSRP, a figure almost no other bag on this site can match. The trend is being driven entirely by the 2025 discontinuation of the open-top Margaux: with the boutique-only Soft Margaux now the only new option, the original silhouette has become a finite, non-reproducible good. Takeaway: if you already own an original Margaux, this is one of the few handbags where holding, or even selling now, into elevated demand, can outperform the retail receipt. If you're buying in, expect to pay resale prices that meet or exceed what the bag cost new.

History of the Margaux

Introduced in 2018, the Margaux was The Row's first tote built entirely around the brand's design language of unbranded, construction-first minimalism, no visible logo, no branded hardware, just leather panel-work, extended top-handle tabs, and belted gusseted sides that let the silhouette expand or cinch. It arrived as the label's leather goods business was maturing beyond earlier pieces like the Sofia, and it was designed by Mary-Kate and Ashley Olsen, who serve as The Row's co-creative directors and are directly involved in pattern-making and material sourcing rather than delegating design to a hired team. The bag's slouchy, semi-structured shape and its total lack of exterior branding were a deliberate rebuttal to the logo-driven handbag era that preceded it.

The Margaux has been repriced upward repeatedly since its 2018 debut, tracking The Row's broader pattern of raising handbag prices well ahead of inflation as demand outstripped limited supply. By the early 2020s the core numbered sizes were retailing between roughly $3,650 and $6,400 depending on size and leather. In 2025, The Row quietly discontinued the original open-top Margaux and replaced it with the boutique-only "Soft Margaux," a redesign sold through a more restricted, stores-only distribution channel. Rather than depressing resale interest, the discontinuation drove secondary-market prices for the original Margaux sharply higher, as buyers moved to secure the discontinued silhouette before remaining supply disappeared.

Cultural Significance

The Margaux is widely credited as one of the bags that defined the "quiet luxury" movement of 2022 and 2023, the aesthetic built around unbranded, expensive-looking basics that surged in popularity alongside shows like HBO's Succession. Because the bag carries no visible logo, owning one signaled a different kind of luxury literacy: recognizing the shape and leather quality rather than a monogram. Lyst named it one of the hottest handbags of Q4 2023, reporting search interest up roughly 198% year-over-year, an unusual spike for a bag with almost no paid marketing behind it.

The Margaux built its following largely through editorial styling and word of mouth rather than celebrity gifting campaigns, it became a favorite of fashion editors, stylists, and the broader "old money" aesthetic community online, who prized its slouchy, undone shape as the opposite of a structured status bag. The Row's boutique-first distribution and refusal to overproduce meant that even at the height of its popularity, the Margaux was genuinely hard to get, and waitlists at flagship stores became part of the bag's mystique. That scarcity, more than any single celebrity moment, is what has made the Margaux The Row's most talked-about and most resold handbag.

FAQ

How much is a The Row Margaux worth?
A pre-owned original Margaux typically resells for $4,500-$9,500 depending on size and condition, with the Margaux 15 and 17 commanding the highest prices. Following the 2025 discontinuation of the original silhouette, resale prices have risen well above current Soft Margaux retail, which now ranges from about $3,950 to $5,490 depending on size.
What sizes does the Margaux come in?
The Margaux comes in four core sizes named for their approximate base length: 10, 12, 15, and 17. The 10 and 12 can be carried by top handle or crossbody strap, while the 15 and 17 are top-handle only. The Row also sells an East/West Margaux, a handle-less Margaux Clutch, and a special Margaux Inside-Out treatment as standing companion styles.
Is the Margaux a good investment?
Yes, more so than almost any other handbag tracked on this site. Since The Row discontinued the original open-top Margaux in 2025 in favor of the boutique-only Soft Margaux, resale prices for the original have risen well above retail, with some sizes reselling 20-40% over their original purchase price.
How does the Margaux compare to the N/S Park Tote?
The Margaux is more expensive, more structurally complex with its belted side panels and handle tabs, and has appreciated more dramatically in resale value due to its 2025 discontinuation. The N/S Park Tote is priced lower, built from a single leather panel, and considered The Row's more accessible entry point, though it also holds value strongly, reportedly retaining over 140% of retail on platforms like Rebag.
What's the difference between the original Margaux and the Soft Margaux?
The original open-top Margaux, sold from 2018 to 2025, is now discontinued and only available on the resale market. The Soft Margaux is its 2025 replacement, sold exclusively through The Row's own boutiques rather than through wholesale partners.