These handbags are the latest release for Louis Vuitton and are the focus of their December ad campaign. It it the Monogram Scuba Collection and all three bags come in both the orange and pink colors. The material is monogram embossed neoprene ( a synthetic rubber) with leather trim, which makes the bags really lightweight. I like these bags quite a bit, but I don't understand why, with such cheap materials, the bags are priced so high. Cost goes down, prices goes down, right? Not for the luxury brands, I know, but I have a hard time spending over fifty times what something costs to make. The Monogram Scuba GM (top pic) is $2,580. The Monogram Scuba MM (middle pic) is $1,940, and the clutch is $725.