A luxury Italian accessories brand is launching the most expensive handbag in the world, priced at £5.3million. Bologna-based Boarini Milanesi will produce three of the opulent Parva Mea bags, which require 1,000 hours of work each to make. Crafted from semi-shiny alligator skin, the handbag is adorned with 10 white gold butterflies, four of which are decorated with diamonds and three with sapphires and rare paraiba tourmalines, totalling over 130 ...