Big bags are so last month! This holiday season, think small and sleek with the clutch. They makes fabulous gifts for any fashionista. The clutch is the bag of choice for a night on the town. It provides just enough space for make-up, keys and credit cards, but its small and simple enough to be carried with a chic outfit.

Marc Jacobs Eugenie Glitter Studs Wristlet ($595, eLuxury.com)

Michael Kors Watchband Clutch in ($497.50, Bloomingdales.com)

Dior Cannage "D" Clutch ($495, eLuxury.com)

Derek Lam Celeste Tassel Clutch ($540, eLuxury.com)