we're Obsessed!

This Italian company has been making the most delicious coats—a fusion of the practical and the sumptuous—for 59 years. Now the folks there are using the same principles that guide their outerwear designs to craft purses. The result, named Margaux, is sleek, unfussy, luxurious, and something you can wear for a variety of occasions (sound familiar?). And, in a lovely display of synergy, is also large enough to hold a coat.

$1,095; call 212-879-6100.

— Megan Deem, Fashion Features Editor