Famed fashion designer Jeremy Scott has created the Underpants clutch and gloves for his Spring/Summer 2011 collection. At $520, the Underpants clutch's first shipment is already sold out to be a direct slap to anyone who thinks this clutch is too much. Scott's collections can be seen worn by celebrities such as Lady Gaga, Rhianna, Kanye West, and Madonna to name a few.
Judging by the the client list, you have to almost be fearless to wear Jeremy Scott's Underpants clutch--or anything else from his collections. Scott studied fashion in Brooklyn, NY and was referred to by Karl Lagerfield of Chanel himself as the only worthy person to take his place.