There is no better time of year than Valentine’s Day to treat yourself to a fab new handbag, which is just one of the reasons we love the new red collection from Proenza Schouler. The other reasons? The red collection features two new versions of the sought-after PS1 clutch—one in luxe iguana, another in regular leather. In addition, you can pick up a brand new version of the classic PS11 in red iguana. And if you are looking for a new wallet, you are in luck. In fact, your only problem will be picking between these products, which means you might just have to treat yourself to all four. (If only!) On that note, the Valentine’s Day-inspired red collection is available now at ProenzaSchouler.com. Prices start at $165.