Peacock Blue Pocketbook

Small is beautiful. That's the trend in handbags. And since we downsized from our ginormous hobo and It bags, we wondered why we needed all that space to begin with. Jones New York has the perfect bag to transition you from a jumbo purse to a smaller sack. It's the Park Avenue Satchel, and it comes in three sizes and a handful of colors, in real leather. This is the small size, but at 13" x 11", it's no disco pouch. The minimalist design makes a nice change for 2013. Oh--and it has just been marked down. $149.