A bag isn't just a statement piece which announces your arrival in life. It conveys a great deal of emotion, your state of mind, is an extension of your personality and of course, complements your ensemble and takes any look to another level if accessorised well. It's not for nothing that Fergie sang, "No emotional baggage, just big bags filled with Dior!"Many of us might think it's silly to spend an exorbitant amount on an obscenely priced handbag. However, it's not just a bag, it's that OMG-epiphany inducing moment that also conveys the essence of who you are, where you come from and where you are heading to. Here are five luxe-lit beauties on our wish-list...Your day time companionMonster Eyes Peekaboo Bag, Black/YellowFendi€ 4.520,00Luxe Fendi goes chic spooky! A monster eye design motif that peeks out from behind the hinged opening makes this masterpiece visually arresting.The soft vitello leather with silver hardware and python and crocodile "monster eye" design - make it simply exotic. The hinged hexagonal frame-top unveils the eyes. It has a removable shoulder strap and comes with front and back turn-lock compartments.How to rock it:Wear it with a sequinned sheath blouson dress and complete the look with neutral peep-toe heels.Evening buddyNaughty & Nice Pandora studded Perspex clutchCharlotte Olympia$1,652.23Add a naughty edge to your closet with this piece embellished with gold studs. Throw in your business cards and keys in the embroidered black crepe pouch or remove it for a chicer look. Trust us ladies, it'll beautifully complement your draped dress. It is concealed with magnetic fastening at top and comes with dust bag.

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How to rock it:Rock it with a silk embellished dress and accessorise with gold rings and Art-Deco danglers.For a sit-down dinnerMonogrammed quilted leather clutchYves Saint Laurent$2,037.58If you have a penchant for heritage then this stunner if totally up your alley. It comes with the label's iconic gold 'YSL' plaque. Crafted from quilted black leather, this twill-lined style has a compact interior with a patch pocket for your cards.It has a magnetic snap-fastening front flap and comes with a dust bag.

How to rock it:Wear it with your printed mini dress and add a rose gold bracelet for the great finish.For a luxe shop-a-thonShopping textured-leather toteMiu Miu$1,935.40A must-have for today's working women, this marries style with functionality. Roomy and with many internal pockets - this keeps all your essentials as you run from meetings to grab a coffee with a friend. The bright blue tone will perk up any ensemble under the sun.

How to rock it:Wear it with your fav skinny jeans and high-top metallic sneakers and throw in a statement neckpiece to complete the look.Your high-tea escortLiberty textured-leather toteVictoria Beckham$1,841.28"Quality and luxury have always been the cornerstones of my handbag collection," Posh was quoted as saying. Handcrafted in Italy, its spacious size makes it ideal for a weekend. Made in anthracite textured-leather (Buffalo, Calf), it comes with dust bag.

How to rock itWear it with a pin-tucked dress shirt and sequinned heels and complete the look with a statement necklace.