OBSESSED: Proenza Schouler Debuts The Patent PS1

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How is this even remotely fair? We're still saving up for Proenza Schouler's PS11, and our must-list has always, always included that hunter green PS1—but now we have another addition to add to our eventual financial downfall. Today, Jack and Lazaro introduced the Patent PS1, which takes the original and cuts it with some speed for a winter it-handbag that will be hot way into 2011. Available in three sizes—Pochette ($895), Medium ($1595), and Large ($1995)—the purse, in a stroke of business genius, will be available exclusively on ProenzaSchouler.com by the end of this month. To increase your drool factor, peep the PS boys' short video. All we want for christmas is you.

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