Every holiday season one bag shows up at every party, and Kate Spade New York has already picked this year's. On November 4, 2026, the brand revealed its Holiday 2026 campaign. It stars creators Bretman Rock, Sally Carden, the NYC friend group 4inthe5 and Micky Gordon at a vlog-style holiday party in a New York apartment. The bag in the spotlight is the Margot Shoulder Bag, which Kate Spade calls "the ultimate holiday party plus-one." The Duo Mini Shoulder Bag gets a supporting role.
Here's the part that makes it worth writing about. When we checked katespade.com on November 5, 2026, the black Margot was listed at $149, marked down from $359.
What you get
The Margot Shoulder Bag is pebbled leather and measures about 10.6" long, 6.4" high and 2.8" wide. That's a true shoulder bag, not a micro bag. It holds your phone, a card case, a lipstick and your keys. In the black version, the slim shoulder strap and gold hardware look dressy enough for a party and easy enough for Tuesday.
The other Margots worth knowing
The Margot comes in more than the classic black. Here's what was listed on November 5, 2026:
- Margot Medium Shoulder Bag, $159 (was $379)
- Margot Suede Medium Shoulder Bag, $169 (was $379)
- Margot Embellished Suede Shoulder Bag, $159 (was $399)
- Margot Faux Fur Shoulder Bag, $159 (was $409)
The embellished suede and faux fur versions are the party-season ones. The black pebbled leather is the one you'll still carry in March.
The Duo Mini, if you'd rather go small
The campaign's second bag, the Duo Mini Shoulder Bag, was listed at $142. Its rounded, sculpted shape is a little more playful than the Margot. There's also a Duo Suede Mini at $142, and a Duo Banana Mini marked down to $160 from $178 for anyone who wants a bag that starts a conversation.
Worth it or not: our verdict
Worth it, with one catch. At $149, the black Margot costs less than many contemporary-brand leather bags. Its size and shape aren't tied to one trend, so it won't look dated next year. It works as a gift, it works as a treat for you and it works with a sweater and jeans.
The catch: when we checked, the Margot's product page said the sale price is final sale, so you can't return or exchange it. Before you buy, check the measurements against a bag you already own. If you're buying it as a gift, make sure she'd want black.
Skip it if you mostly carry a laptop or a full tote's worth of stuff. This is a going-out bag and a light-errands bag. It won't replace your everyday work tote.
Best pick for most women: the black pebbled leather Margot. Best gift for the friend who has everything: the faux fur Margot. Best for small-bag people: the Duo Mini.
If you're in New York
The campaign comes with holiday windows at Kate Spade New York's Rockefeller Center store. It's an easy stop if you're in the city for the tree.
Shop the post
- Kate Spade New York Margot Shoulder Bag, $149 (was $359)
- Margot Medium Shoulder Bag, $159
- Duo Mini Shoulder Bag, $142
- Margot Faux Fur Shoulder Bag, $159
Prices were checked on katespade.com on November 5, 2026, and may change.
