Most of you Lauren Merkin fans know the classic Louise style, but did you know it recently got a limited edition makeover? What makes this Limited Edition so spectacular is the 3-in-1 design and unique collaboration with online fashion website, FashionStake.

The LE Louise clutch by Lauren Merkin has never been produced, in fact the results of how well this bag does in the pre-order phase determines if this bag ever sees the light of day. It’s really a unique concept..

How it works:
Lauren Merkin set a fundraising target of $10,000. The clutch will only go into production if it reaches that goal. Funds are raised when customers support the collection in 1 of 3 ways:
– Buyer. pre-order the handbag at a 40% discount
– Funder. For $50, get a ‘Stake’ in the collection and receive store credit (up to $125 on a $50 Stake) depending on how well the handbag eventually sells.
– VIP. For $500, receive the clutch, a signed dust bag, and a personal invitation to a private wine tasting event with Lauren Merkin in New York City!

The Bag: “Lauren Merkin for FashionStake” 3-in-1 lingerie themed Louise starts off with a corset Crepe de Chine dress and comes with two zip-on coats, one in fuzzy soft black faux fur and the other a holiday-ready metallic brocade. The interior is lined in lavender with famous quotes by Actress Mae West, who served as the inspiration. Not only is this clutch incredibly versatile with it’s different looks, but it’s very spacious. Measures 15″ width x 7.5″ height.

The clutch just arrived today, is now available for pre-order over at FashionStake.com. Why pre-order? Oh my goodness, you will save! 40% off! The retail is set at $399, but with 40% chopped off it comes to $239. Also your credit card will not be charged until the funding target is met.