The generosity of Donna Karan knows no bounds. Doing her bit for the global economy, the considerate New Yorker has attempted to do our bank balances a favour by launching a bag that can be worn in a multitude of ways. The Eldridge transforms into four shapes — from drawstring pouchette to oversized shopper. Versatility is all well and good, but what about the price? Hmm. At £1,130, it seems we'll have to wear this bag everywhere this season, including to bed, if we're to get our money's worth. (020 7479 7900)