A handbag convertible between a tote configuration and a purse configuration, the handbag comprising, in combination:
- a body having a front side, a rear side opposed to the front side, and a bottom;
- wherein the body forms an interior compartment between the front and rear sides and above the bottom and an access opening opposite the bottom for accessing the interior compartment;
- wherein the body has a bottom portion including the bottom, a top portion including the access opening, and an intermediate portion connecting the top and bottom portions;
- wherein the top portion is provided with a first stiffening panel, the bottom is provided with a second stiffening panel, and the intermediate portion is provided with a third stiffening panel so that the top portion and the bottom are stiffer than a remainder of the bottom portion, the bottom is stiffer than the top portion, and the intermediate portion is stiffer than the top portion and the bottom;
- wherein the top portion of the body is foldable into and out of the interior compartment to selectively convert the body between the tote configuration in which the top portion extends upward from the intermediate portion and the purse configuration in which the top portion is located within the interior compartment inward of the intermediate portion;
- wherein the front side has a bottom pair of spaced-apart openings located in the intermediate portion of the body and a top pair of spaced-apart openings located in the top portion of the body;
- wherein the bottom side has a bottom pair of spaced-apart openings located in the intermediate portion of the body and a top pair of spaced-apart openings located in the top portion of the body;
- a front continuous-loop of flexible material extending through the bottom pair of openings on the front side and through the top pair of openings on the front side so that the front continuous-loop can be selectively pulled to extend outward from the top pair of openings of the front side to form a loop handle extending from the top pair of openings in the front side when the body is in the tote configuration and can be selectively pulled to extend outward from the bottom pair of openings of the front side to form a loop handle extending from the bottom pair of openings of the front side when the body is in the purse configuration;
- a rear continuous-loop of flexible material extending through the bottom pair of openings on the rear side and through the top pair of openings on the rear side so that the rear continuous-loop can be selectively pulled to extend outward from the top pair of openings of the rear side to form a loop handle extending from the top pair of openings of the rear side when the body is in the tote configuration and can be selectively pulled to extend outward from the bottom pair of openings of the rear side to form a loop handle extending from the bottom pair of openings of the rear side when the body is in the purse configuration;
- and
- wherein the front continuous-loop of flexible material and the rear continuous-loop of flexible material each comprise a continuous-loop of webbing, the top pair of spaced-apart openings on the front side and the top pair of spaced-apart openings on the rear side are each circular shaped, and the bottom pair of spaced-apart openings on the front side and the bottom pair of spaced-apart openings on the rear side are each slot shaped.