Curated Luxury Cashmere The Row Half Moon Bag

Soft Margaux vs the Original Margaux at The Row, Spec by Spec

Ask five people what the difference is between the Margaux and the Soft Margaux and you will get five confident, contradictory answers. The confusion is entirely understandable: the two bags share a name, a silhouette and a set of signature buckles, and the shopping situation around them changed sharply in 2025. This is a specification-led comparison, not an impression-led one, putting measurements, materials, closures, linings and observed prices against each other line by line. All of it comes from what the brand states on its own product pages and from prices observed in the market in 2026 — observations, not an official price list. Any figure that is not reliably documented is flagged as such rather than invented, as the Margaux is the single most misquoted bag in the label’s catalogue. The short version: the Soft is neither a cheaper nor a lazier Margaux, it is the better equipped one. The long version is below.

Two Bags, One Name, One Complicated Year

The brand built its handbag reputation on the original Margaux, an unlined-looking tote whose structure comes from leather thickness and panel shaping in place of stiffeners. Related but specified separately, the Soft Margaux arrived with its own construction details and its own product pages. The original was withdrawn from third-party retailers during 2025, and the brand’s own webstore now presents the Soft Margaux and the Margaux Shoulder in its place. Widely reported as discontinued, it has never been officially confirmed as such by the brand, and the distinction is not pedantry when you are deciding what to pay on the secondary market. In practice, the Soft Margaux is the one you can buy new and the original is now a resale proposition. The comparison is thus between a current product and an archive one, and that changes the weight the specification differences should bear.

Side by Side on the Spec Sheet

The clearest way to see the difference is to isolate the features the Soft version adds and take them one at a time. There are five in total, and together they change how the bag behaves in daily use rather than how the row bag quilted tote bags it appears from across a street. Protective metal feet keep the base off the ground. The open-top shape gains a way to shut thanks to an interior toggle closure. Belted side gussets make the profile adjustable, cinched or released. A zip pocket and card slots turn a deep cavity into something organised. These are set out in the table with the observed 2026 figures for the versions sold new.

Specification detail Soft Margaux 10 and 12 Original Margaux
Protective metal feet Fitted Not part of the specification
Interior toggle closure Present Not specified
Belted side gussets Present Not part of the specification
Zip pocket On the 12 Not specified
Card slots A single slot on the 10, two on the 12 Not specified
Price, observed 2026 $3,650 and $4,350 Resale market only

Materials, Inside and Out

Both the Soft Margaux 10 and 12 are stated as 100 percent calfskin in a matte grained finish, and both are lined in cotton herringbone. That lining choice tells you quite a lot about the brand’s priorities, because a cotton herringbone interior is a textile decision rather than a branding one, and it holds shape without adding the plastic feel of a coated logo jacquard. The Margaux Shoulder 12 goes a step further, lining the bag in 100 percent lambskin — softer, more easily marked and considerably more expensive to work with. Across the wider family the exterior materials include grained calfskin, saddle calfskin, suede, canvas paired with leather, and nylon, so a Margaux is not automatically a smooth-leather bag. Made in Italy is stated on the brand’s own product pages for the Soft Margaux 10 and 12 and for the Margaux Shoulder 12. In the hand, suede and canvas versions read differently, and on resale they behave differently too.

Buckles, Hardware and Handles

The Soft Margaux runs palladium-plated hardware, finished matte rather than polished, consistent with the rest of the collection. The signature element on any Margaux is the pair of adjustable side buckles, and on genuine examples those buckles are engraved, as are the base feet where feet are fitted. The buckles are functional, not decorative, because they are what allows the belted gussets to change the width of the bag. A 5-inch handle drop is common to the Soft Margaux 10 and 12, which puts it in hand-carry or crook-of-the-elbow territory rather than shoulder territory, and both include a removable shoulder strap to cover the difference. The Margaux Shoulder 12 replaces that arrangement entirely for elongated tubular handles and narrowed gusseted side panels, so it is built from the start to sit under the arm. For one The Row bag that carries hands-free without a strap, the answer is the Shoulder and not the Soft.

Sizes, and What the Numbers Really Mean

The number in the name is only the width of the bag in inches, which makes the family easier to navigate than most. At 10 x 7 x 7.5 inches, the Soft Margaux 10 is genuinely compact yet unusually deep for its footprint. The Soft Margaux 12 measures 12 x 9 x 7.5 inches, keeping the same depth while gaining two inches of width and two of height, and that is the size most buyers settle on for daily use. At 14.75 x 9 x 5 inches, the Margaux Shoulder 12 is the widest and shallowest of the three notwithstanding the 12 in its name, because that number refers to the bag’s stated size and not its maximum external span. A Soft Margaux 15 is in circulation, and a Margaux 17 in a leather-and-canvas execution has been carried by Selfridges. Neither of them has a verifiable retail price, so any figure quoted for them should be treated as an asking price rather than a documented one.

What They Cost and How Resale Responds

Observed 2026 market pricing sets the Soft Margaux 10 at $3,650, the Soft Margaux 12 at $4,350 and the Margaux Shoulder 12 at $4,900. That places the entire family in the collection’s top band, alongside the India and Agnes top handles and the Marlo totes. On the secondary market the picture is unusual — the Rebag CLAIR 2025 report put the Margaux Tote at 107 percent value retention, part of a brand-level figure of 97 percent that took the label into the report’s unicorn tier for the first time. Softer secondary figures agree, with the Margaux reported to sell frequently at around 40 percent above retail, Fashionphile resale reported up roughly 44 percent year on year, and The RealReal reporting pre-owned Margaux sales averaging about 15 percent over original retail. New Margaux bags are placed in the $5,000 to $9,000 range by a major resale authenticator, which makes a useful sanity check: anything advertised in the hundreds is almost certainly counterfeit. This is not investment advice, and it is worth remembering that canvas, nylon and seasonal-colour versions discount in place of appreciating.

Which Version to Buy

Want the bag you can genuinely purchase new, with a warranty of availability and the fuller specification? The Soft Margaux is the straightforward answer. Pick the 10 for light carrying and the shape at its most sculptural; pick the 12 for a working bag, as the second card slot and the zip pocket only show up at that size. Pick the Margaux Shoulder 12 when the arm rather than the hand is how you carry, as its tubular handles and narrowed gussets exist for that purpose. Only pursue the original on resale if the archive version is specifically what you want and you are comfortable going without metal feet, a toggle closure or interior organisation. Whatever you choose, remember there is no public authenticity coding system from the brand at all, which leaves verification to stitching, hand-painted edges, stamp placement and the weight and finish of the hardware. If resale matters, buy black or neutral calfskin, and if it does not, buy whatever colour you like.

  1. Start with hand-carry or shoulder, because that separates Soft from Shoulder straight away
  2. Then size: the 10 for occasion carry, the 12 for daily use
  3. Then material, remembering that canvas and seasonal colours discount on resale
  4. Consider an original on the secondary market only at that point