Designer Items We’re Obsessed With This Week!

What are InStyle editors lusting after right now? From bags to shoes to jewelry—check out top picks from Randy Miller (an editor in our fashion department) and Marion Fasel (contributing fine jewelry editor) for our We’re Obsessed List. This woven leather and satin Peekaboo bag by Fendi and Balmain's colorful embroidered clutch got us excited. Click through the gallery to see all of this week’s favorites—if money was no object, of course.

MORE:• Balmain's Digital Fashion Show• Ladies Who Love Fendi• Kate Upton Trades her Swimsuit for Fendi