This is a new Jay Michaels' "Mikaela" clutch:  

"Mikaela is the award-winning design by Jay Michaels that causes people to pause when they first feel her and look at her. 

Everyone wants to know what is she made of.  So unique, so beautiful and sophisticated, Mikaela redefines the word Clutch. It is exquisitely crafted using Buntal Fibers in ivory and genuine leather in dark chocolate for trim, piping and closure, The combination of the colors together is Extremely beautiful. The Buntal fibers are over the chocolate leather underneath giving you a peek at the leather behind while you focus on the unique fibers and textures on the surface.

This is a one-of-a-kind original bag that if you're lucky enough to own, you will prize it for decades."