Convertible garment with integral carrying strap

An outergarment having an upper portion and a lower portion and further comprising:

• a first sleeve and a second sleeve attached to a central portion;
• a cord extending proximate of the end of the first sleeve to proximate of the end of a second sleeve, the at least one cord passing through the central portion;
• the cord having a handle;
• the handle disposed within the central portion;
• wherein when the handle is pulled, the two sleeves are drawn inward, toward the central portion, and the at least one cord, extended, serves as a shoulder strap.