Christian Louboutin’s Metallic Hobo is proof that the designer does handbags as fantastically well as he does shoes. The gleaming, gathered gold fabric is trimmed with luxurious tan leather. Both are fabulous, but it’s the tan leather-disc chain gracing the bag’s front that captures the most attention. It’s an attractive - but completely diminutive - detail. Available for $950 at bergdorfgoodman.com.