They both look too trendy to me; I know there are a few other brands with fringe bags, and even beyond those, fringe is best left in the past. The "nicest" is one that's still trendy but there is a ton of work involved to make it (I've done a fair bit of bead work):
I agree with this. I am not a fan of either but it looks best on the hobo shape rather than on the flap which looks like a flap with a mustache to me. I saw a pic of Jennifer Lopez carrying the hobo and think she pulls it off just fine. I would not expect to carry it for years or seasons to come though.I think the fringe works best with the hobo, which is a more casual bag. The flap looks odd, as if they just tacked fringe on a classic. Saying that, fringe IMO is a very trendy style. It will look dated when the next season/trend comes in. I don't think it's a summer look, in fact I think it looks more like fall/winter, especially in black leather.