Is a "pursehorse" a thing? If it is, I am one. This 3.1 Phillip Lim Ryder satchel ($1,095) in fuchsia ponyhair and black leather is the latest object of my affection. The color is intense, but the details and hardware are sleek and streamlined, making it the kind of gift any fashion-lover worth her mettle would gasp upon finding under the Christmas tree.

— Lindsay Miller, entertainment editor

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