At first I thought this clutch is by Alexander McQueen... no offense. Well, this 'Palais Royal' clutch is by Christian Louboutin, hence the title of this entry. It is made of satin with lace overlay, it opens with shoe clasp with the designer's signature red sole. This can be used as a clutch or you can attach the chain link to use it as a handbag. This is available at Net-A-Porter for $2,565.