Make the perfect handbag -- in your washing machine! No kidding! To do this exciting technique called felting, just knit the body of your handbag with 100 percent wool yarn and toss it into a hot wash cycle. Because wool shrinks with heat and moisture, you ll get a soft, long-lasting fabric that s different with each purse you make. After that, it's a snap to finish your purse with Exclusively You faux leather, handles, hardware, and other elements. 6 fabulous purses: petite barrel bag with dimensional flower, generous tote with a swirl of faux leather leaves, triangular shoulder bag with heart charm, clutch with scalloped flap, shoulder bag with textured stripe, and angled-flap purse.