Michael K., a new 22,000-square-foot boutique in NYC's SoHo, combines a nightclub feel -- a DJ, lights, and 150-plus plasma TVs -- with trendy stock that has lured stylish celebs, including Thalia and OutKast's Big Boi. But according to buyer Susan Boyle, the real star is Latin designer Francisco Bellot's sneaker-inspired Alaluna purse, which sold out in a matter of days. ''It's just a fun bag that's really nice-looking, but you could throw it on the floor without worrying.'' Try doing that with your Murakami.


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