Katy Perry's adorable cake slice clutch

Katy Perry was spotted with an absolutely adorable clutch at the premiere of her very own movie a while ago.

As most people who are into bags can probably guess, this bag is of course a Judith Leiber, which means it will cost you an arm and a leg, and possibly even more. But I would say if you have a bag budget that can squeeze that in, it is totally worth it!
(Unfortunately I don't though...)

(pic from The Bag Lady)