I’m all about small clutches right now, but this creatively convertible Balenciaga deserves attention and mention. While the bag is hardware-heavy, the house’s signature studs take a backseat to buckles and extra long zippers, which run all the way from top to bottom on the sides. It may not look like it at first glance, but this has serious wingspan. If you pull the zippers down a little on each edge, you can bring out the leather interior to create a winged tote. A quick change to match your mood, all the while offering tons of room for your essentials (and even your non-essential-but-I-want-to-carry-it-anyways). Since the straps are on the thin side, I wouldn’t fill this up with anything too heavy, but for an iPad and some papiers, this is the perfect bag to carry around. Available at Barneys New York for $1,735.