we're Obsessed!

Viktor Horsting and Rolf Snoeren don’t think like anyone else in fashion, and the result is always fantastically creative. (Witness their "credit-crunch" ball gowns for spring, from which hunks of tulle had been cut out.) This purse looks as though it’s covered in delicate, feminine rosettes, which it is. But those buds are made of latex, which is kind of subversive and totally, delightfully unexpected.

$2,295; visit viktor-rolf.com for stores.

—Megan Deem, Fashion Features Editor