Old Navy has always been the go-to for affordable jeans, easy basics, and family-friendly fashion. But now? The brand is stepping into a whole new accessory game — handbags. And not just any handbags. Old Navy’s debut collection, The Bag Shop, is designed under the creative direction of Zac Posen, and every single style rings in at under $50. Yes, you can now score a chic, fall-ready tote, crossbody, or clutch for the price of a nice dinner out.
The Zac Posen Touch
When Old Navy named Zac Posen chief creative officer in 2024, fans wondered how his red-carpet sensibility would translate to an everyday American classic. The answer? Luxe-looking lines, textures, and silhouettes that feel elevated without the designer price tag. “Every detail was carefully chosen with clean lines, great proportions and materials in mind,” Posen says in a press release announcing the collection.
The bags are made from soft faux suede and faux leather, with finishes ranging from sleek solids to croc textures, color-blocking, and even animal prints. In short: high-fashion energy at budget-friendly prices.

Three Collections, Endless Possibilities
The first handbag drop is divided into three mini collections, each with its own personality.
The Carrie Collection
Old Navy’s most classic lineup, with structured totes and versatile crossbodies that could pass for something you’d see on a Parisian sidewalk. Standouts include the roomy Large Carrie Tote, the practical Medium Carrie Tote, and the Convertible Carrie Crossbody — a must-have for running errands or commuting.
Large Carrie Tote

Price: $44.99
Medium Carrie Tote

Price: $34.99
Convertible Carrie Crossbody

Price: $29.99–$34.99
The Preppy Collection
For the city-chic crowd, The Preppy Collection pairs clean silhouettes with gold-toned metal accents. The Large Preppy Bucket Bag even fits most laptops (perfect for work), while the Preppy Shoulder Bag and the Small Preppy Bucket Crossbody make stylish companions for brunch dates or evenings out.
Large Preppy Bucket Bag

Price: $39.99
Preppy Shoulder Bag

Price: $29.99
Small Preppy Bucket Crossbody

Price: $24.99
The Romantic Collection
Designed with flirty details like gold ring hardware and soft finishes, The Romantic Collection is all about after-dark appeal. The Romantic Oversized Clutch is the effortless outfit-elevator, while the Romantic Bracelet Bag doubles as a chic accessory you can carry on your wrist.
Romantic Oversized Clutch

Price: $29.99
Romantic Bracelet Bag

Price: $29.99
Affordable, Accessible, and Actually Chic
What makes this launch exciting isn’t just that Old Navy is trying its hand at handbags, it’s how well they’ve done it. With 70% of the assortment priced under $30, the collection proves you don’t have to splurge to look put together. Whether you’re hunting for a workhorse tote, a polished shoulder bag, or a date-night clutch, there’s a style here to match your vibe and your budget.

The debut line is already available online and in Old Navy stores nationwide — so if you’ve been waiting for the perfect moment to refresh your bag rotation, consider this it.
Because let’s be honest: when Old Navy and Zac Posen team up to deliver luxe handbags for less than $50, it’s officially time to add to cart.
The post Old Navy’s First Handbag Collection Is Here — Luxe Looks Without the Price Tag appeared first on The Real Deal by RetailMeNot.