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What could be more magical for party season than a luxe handbag that actually twinkles? The Tiny Tim clutch from Anya Hindmarch is a gorgeous must-have piece in any of its guises, but the addition of LED 'fairy lights' on the handbag for autumn/winter 2012 is absolute genius - guaranteed to steal the show in the run-up to the festive season! And once it's all over, the lights can be switched off, turning it back into a simply gorgeous compact handbag.

The Tiny Tim has already sold out from the designer's own online store, but it is still available either at My-Wardrobe or Net-a-Porter if you want to get it in time for the Christmas season. Priced at £450, we think it's a reasonable spend on such a special one-off piece, which will look equally adorable with or without the playful, dancing lights. We love all the little features of this bag, from the spherical leather detailing on the strap to the oversized gold monogrammed plate at the front. Simply enchanting!