This is Lulu.

Handmade in Italy, using only the highest quality materials, Lulu is the most versatile handbag in the debut collection. This little gem of a bag is nothing short of impressive. Lulu is more than a belt bag. With a one-size-fits-all removable belt, Lulu can be worn many ways including around the waist and crossbody, bringing a whole new element to petite accessory styling. Dress it up with the removable silver-coated chain or keep it simple, this belt bag is sure to get noticed. Remove the belt and Lulu becomes a sleek hand-held clutch. Add the chain to the clutch, and this mini showstopper is ready for an evening out on the town.