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Marni Balloon Bag, Handbag of the Day

Even those metallic kids' balloons don't look as shiny as the Marni Balloon Bag, reported to be one of the hottest new bags of the season. Fortunately, the bag is made of red patent leather, not anything actually metallic. It has small top handles in smooth tan leather, as well as leather reinforcements at the bottom corners of the bag. An adjustable shoulder strap makes the oversized tote easy to tuck under your arm. If you prefer a more understated look, even though the lipstick red is very appealing, the bag is also available in black, grey, cream, and saffron. Price: $1,620, at Marni boutiques.

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