Áslaug Magnúsdóttir's New Thing: Olympia Le-Tan Book Clutch

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Dubbed "fashion's fairy godmother" by Vogue, and named on Fast Company's list of the 100 Most Creative People in Business for 2012, Áslaug Magnúsdóttir has made it her job to know what's next in retail — and her role as co-founder and CEO of Moda Operandi is perhaps the greatest testament to her good taste. Which is why you should take note of her latest purchase. "Number one on my reading list is this Olympia Le-Tan hand embroidered book clutch," she told the Cut. "These days, I find that accessories are the best way to take an outfit from ordinary to extraordinary. This incredibly unique clutch is packed with witty charm, and is a guaranteed conversation starter. It will be the ultimate finishing touch to any of my cocktail or red carpet ensembles — it's the perfect alternative to a more serious evening bag."

Olympia Le-Tan book clutch, available online