I saw this on the Donna Karan website....I find myself really liking this one.
It's unusual and I love the exposed zippers and barnacle/pom pom things on it.
It strange and ugly and cool and outstanding all the the same time, but in a good way. (at least to me)
It's called the Evening Star Loop Pouch and it's suede.
ETA: Here's another picture of it from style.com:
The plain leather version retails for USD995. Anyone knows how much this embellished version will cost?