VIDEO : Blake Lively Designs Custom Handbag, Names It After Daughter James

At nearly 8 months old, baby James Reynolds has accomplished what most supermodels and style icons only dream of?having a handbag named in her honor. Of course, the baby girl has the added benefit of being Blake Lively 's daughter, meaning she skipped a few steps to reach the prestigious milestone. Now, brace yourselves? James' namesake baby bag rings in at sizable $860. But considering some eponymous handbags like, say, the Hermès Birkin, start at about $10,000 and can range closer to $100,000, little James' bag really isn't that pricey after all.