Bag of the Week: Fendi Spy Bag

She’s sleek, she’s secretive, and she’s back.

Bag of the Week is a franchise that highlights the latest, most hyped luxury bags. Each week, we showcase a bag that is generating significant buzz, whether for its design, exclusivity, or popularity. This week, we’re shining the spotlight on the Fendi Spy Bag.

There are bags that serve a function, and then there are bags that spark a movement. The Fendi Spy Bag, making its much-anticipated return on the Fall/Winter 2025-26 runway as part of FENDI’s centennial celebration. Two decades after it first captivated the fashion world, this early-aughts icon reemerges not as a relic, but as a redesigned obsession—crafted for a new era while honouring the original codes that made it a phenomenon.

The bag under creative direction of Silvia Venturini Fendi

Launched in 2005 under the creative direction of Silvia Venturini Fendi, the Spy Bag was instantly recognisable—curved, mysterious, and undeniably covetable. Its name hinted at its signature detail: a secret compartment tucked beneath a flap, accessible via a cleverly disguised button and encased in a sleek, golden metal arc. “A bag is an extension of yourself,” Silvia once said. “I like that there might be something you’d want to keep just for you.” And in a world now obsessed with oversharing, this whisper of secrecy feels deliciously subversive.

For 2025, the Spy Bag returns with its sensual softness, iconic silhouette, and intricately twisted handles—faithful to its original form, yet refreshed with FENDI’s modern mastery of craftsmanship. Offered in two sizes—Regular and Small, the updated design gives you options: from slinging it over your shoulder with ease to carrying it as a crossbody or chic handheld piece. There’s even a D-ring detail for charm lovers and collectors alike.

The material palette tells a story of quiet luxury and playful indulgence. Classic smooth leather versions arrive in rich tones like chocolate, dark honey, and black, while smaller bags pop in dusty macaron pink, mint green, and sorbetto yellow—a sweet nod to youthfulness. Earthy shearling and eel leather options mimic Pequin stripes in olive and wine tones, while mink inlays and embroidered astrakhan fur pieces elevate the offer to museum-worthy status. If the original was a dream, this one’s the fantasy realised.

To celebrate the Spy Bag’s return, FENDI has launched a high-octane digital campaign titled ‘FENDI SPY BAG RETURNS’, directed by Stevie Dance and styled by Anna Trevelyan. In a cinematic twist, we follow a modern-day handbag hacker—part collector, part covert operator—on her mission to locate the ultimate prize. Featuring a powerful trio of It-girls—Amelia Gray, Gabbriette, and Xiao Wen Ju—the campaign reads like a stylish surveillance thriller, where the Spy Bag becomes both the object of desire and the clue to a deeper fashion mystery.

The bag isn’t just back. It’s rebooted for those who remember the hype—and those about to discover it. Carried by the world’s most iconic stars, its legacy continues in the hands of fashion’s elite: