
1) Fashion accessory 2) Leather good
Found on
https://www.crosswordclues.com/clue/it-bag

It Bag is a colloquial term from the fashion industry used in the 1990s and 2000s to describe a brand or type of high-priced designer handbag by makers such as Chanel, Hermès or Fendi that becomes a popular best-seller. ==History== One of the first designers credited with creating the concept of the easily identifiable `status bag` was Giuliana.....
Found on
http://en.wikipedia.org/wiki/It_Bag
No exact match found.