A convertible bag 10 comprises a handle 30; and two retractable straps 40, wherein each retractable strap 40 is extendable from the bag and releasably attachable to the handle 30, so as to convert the convertible bag 10 from a handbag configuration (figure 1) in which the bag may be carried using the handle 30, to a backpack configuration (figure 3) in which the bag may be carried using backpack straps formed from the handle 30 and the retractable straps 40, and wherein each retractable strap 40 is releasable from the handle 30 and retractable, so as to convert the convertible bag 10 from the backpack configuration to the handbag configuration. The straps 40 may be retracted into the bag using spools 43 or using an auxiliary handle (50, figure 7d).
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