The latest It-bag is a joke … Inside the wacky world of MSCHF

February is often a dreary month - so a bit of fashion joy is always going to go down well. Enter, the Global Supply Chain handbag. It might not sound like a barrel of laughs but, this new design, a kind of Frankenstein of different It-bags - the Birkin, the Celine luggage bag, the Dior saddle bag and the Balenciaga hourglass handbag - is the work of Brooklyn-based company MSCHF. It is wonky, misproportioned and - to the right eyes - a witty comment on where we are at with the It-bag in 2024. To give you some context, MSCHF…