The Hermes Picotin bag is a gorgeous handbag that retails for $2,200 at usa.hermes.com.
I'm not sure what color you're looking for, but I recently saw a picture of Katie Holmes carrying her Picotin in orange, and it's really eye-catching. I love the classic shape and vibrant color.
So when I popped into Zara yesterday during a trip to NYC and spotted this bag (below), I was instantly reminded of the Picotin. The Zara bag is made from genuine leather and sells for $149.90. It appears more red in my photo but it's more orange in real life. It's also a bit bigger than the Picotin, maybe one-third larger, but for the price, I think it's a great way to get the look on a budget. Visit your nearest Zara store to purchase.
P.S. Zara's semi-annual sale started today! Shop items like blazers from $29.99, party dresses from $15.99, summer shorts from $15.99 and accessories from $12.99.