Maison Margiela’s black leather 5AC handbag is a miniature take on one of the house’s signature styles that debuted in 2016. It’s Italian made to a trapeze silhouette that’s accented by gold hardware and features a butter-soft inner pouch that pulls out and rests over the zipped top, revealing the iconic white logo patch. Carry it by the top handles or attach the adjustable shoulder strap.