I could NOT resist this teddy bear handbag by Valeria Pesqueira. PESQUEIRA is an argentinian fashion label. The clothes are everyday casual style with a bit of a kooky illustrative edge. This bag is too cute and i think about young cutesy japanese girls when i see it. The nose bit really makes me laugh every time i look at it.
I don't think the rest of the site lives up to a) this illustration and b) the bag, but check it out anyway if you want. http://www.pesqueiratm.com/eng/home.html