Image  |   State of Folly
One of the more functional (yet still stylish) bags we have come across is this three-way bag from Melbourne-based State of Folly which transforms from a clutch to a shoulder bag to a backpack simply by repositioning its adjustable and detachable strap. Made from high-quality, leather with nickel hardware, the interior of the bag has multiple pockets to keep its contents organised 

Images  |   State of Folly