There have been some pretty impressive satchels spotted in high street shops and designer boutiques alike over the past season, but none have surpassed our love for the super-structured PS1 by Proenza Schouler.

This time around it’s back with a seasonal update – contrasting linen, leather and suede in the most classic of colours. The beige, brown and black compliment each other perfectly, accentuating the clean and simple lines that have made the PS1 so iconic.

We can see why the PS1 has managed to hold on to its coveted ‘It’ bag status – it’s not only beautiful but extremely functional too, boasting multiple compartments to store your important bits.

This timeless piece is a sound investment – wear it slung over your shoulder with the detachable strap for a relaxed look, or in the crook of your arm using the short top handle for a ladylike feel. We’ve already started saving…

PS1 Medium Linen Satchel, £1085, available at Net-a-Porter. BUY NOW!