I love the idea! Check out the new Farrah bag, found over at JuicyCouture.com.

It’s a simple little pouch with an amazing versatile gold chain. The longer strap can be used to wear the bag crossbody or simply as a shoulderbag. Done with that look? Remove it and sport as a wristlet by using the additional shorter chain strap.

Basics: available in ballet dancer (pink) or dust (gray) leather. Long chain, 24 1/2″ length, shorter chain wristlet 4″ length. Zip top. Two exterior zip pockets. Signature pink logo fabric lining. Body of the bag measures 5 1/4″H x 8 1/2″W x 2 5/8″D. retails for $198.