My all time favorites all depend on what you need/want though:
Balenciaga and Chloe are very high on my list (because I am just bored of LV and Chanel right now) and these bags are so fabulous IMO! Also love the YSL Muse, Gucci and MJ.
I know, I know, I am a total bag ho! Just can't pick one!
great call, kou. another bottega veneta vote. my wallet is from them. definitely fantastic. and a former creative director from hermes is working for them now in a similar capacity i believe.
Bottega Veneta. The leather is so gorgeous and the workmanship is second to Hermes. After that, I don't think there so many leather "status" brands like Hermes.