It's a trendy fashion item for a particular subset of rich fashion people, which is not most people. It makes total sense in that context. It doesn't really need to make sense to everybody else.

I don’t get the extreme negative reaction here and elsewhere. It’s not for me either, but I also don’t think it looks ridiculous – it just a little bag. There’s a pretty hard limit on how crazy that can look. It’s like the detractors aren’t aware or accepting that there are people with different tastes in the world. Why not just say “it’s not for me”?

The pocket sold out worldwide and made headlines everywhere. Sounds like a success to me.

It’s not for me either but fashion is as fashion does.