Transformers fever is all but dead now, but that doesn't mean that the ladies can't get in on the something-becoming-something-else action. The Dos Caras jacket functions fine as a jacket, but when removed, can twist and turn and reconvene into a shoulder bag. Definitely cool, but kind of unfortunate that you have to pick one or the other. What will you do if you're both cold and need to carry a bunch of things? [Alice Kaiserswerth via Designspotter via Treehugger]
According to the designer's site, the bag is fully functional even when being worn as a jacket. (This would indicate to me that it doesn't have a big pocket like most bags do...)
I think it's really neat. If they don't go retail by autumn, I just may have to figure out how to make one myself.