Status Anxiety Leather Wallets and Bags. You might well ask, what is Status Anxiety? Well aside from being the proliferate social phenomenon, it's also the Australian fashion accessories brand responsible for that awesome leathery smell in over 400 fashion boutiques around Australia, New Zealand, United Kingdom, Canada and the USA. Every one of Status Anxiety's wallets or handbags has a distinctly nonchalant and unassuming demeanour about it and is crafted from the finest leather money can buy (Italian and French if you please). Whilst it's true the Status Anxiety appeal is broad, they are not for the masses.