Are you focused on transforming your wardrobe in the new year? If designer handbags top your list, Nordstrom Rack is a one-stop shop for your accessory needs. The best part? The retailer is slashing prices on luxurious pieces from Kate Spade, Longchamp, Dune London and more, starting as low as $49. The rare New Year's Day sale is cutting prices on so many popular styles - and many are selling out quickly. If you're curious, bargain hunters can score handbag deals for up to 72% off . . . and some pieces have an additional 25% off discount, giving you double the savings.