All eyes are on the Olympics this week and one of the most memorable moments was Swimmer Michael Phelps competing in his last Olympic swim. While we were all glued to our TV screens seeing this historic moment, NBA player Kobe Bryant captured the moment on his iPhone that had the Kate Spade Leopard Ikat cover. This got me thinking, our phones especially iPhones is our next accessory next to our handbags (this goes for the men too). It's constantly in our hands and fashion designers definitely figured this out capitalized on this market. Designers are no longer thinking about designing the  hottest "it" bags, but they realize they their customer spend so much time on their phones that it's become a necessity in life.