This faux fur muff purse (by Sloane Brown) is a great way to add functionality and style to your winter wardrobe. The designer hardware strap allows you to wear it as a purse (the bag also includes two inside pockets), or use it as a muff to keep your mitts warm. Available at FRESH! Boutique, Ruth Shaw and Handbags in the City in three different faux furs: grey or brown chinchilla, blonde ostrich, and black persian lamb ($375/small and $425/large).
(small size shown above.)