Devi Kroell Accordion, Handbag of the Day
The expanding, accordion-style design of this bag exudes "functionality," which makes it an excellent accessory for the woman who doesn't wish too appear to flashy in these somber economic times. The subtle colors are demure and modest.
Still, this Italian made bag doesn't skimp on the luxury. It is crafted from from origami eel and sea snake and retails for $4,150 at Devi Kroell. It also comes in black, complimented with silver.