
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.
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.
A slightly roomier take on the 10, still convertible between top-handle and crossbody carry. A popular everyday size.
The most iconic and most-cited Margaux size, offered in top-handle carry only. Fits a laptop and everyday essentials with room to spare.
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.
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.
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.
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.
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.
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.
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.