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The rag & bone Mercer is a slouchy leather hobo with a zip top, a single shoulder strap and brass-tone hardware. It carries like a soft everyday shoulder bag rather than a structured tote, with a relaxed crescent shape that folds against the body. It suits shoppers who want a roomy, understated leather bag without logos. Against structured bucket and hobo rivals it trades rigidity for lightness and easy access, but it has less internal organization and no crossbody strap.
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Lowest price we've seen: $176.55 on Nov 11 at Bloomingdale's. Tracked across 4 stores since Nov 11.
Owners describe the Mercer as an easy, soft-leather shoulder bag that looks more expensive than it is and carries a lot for its size. Complaints center on the lack of pockets and the strap slipping off the shoulder.