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It’s time to take that Montblanc money clip out of your pocket and bury it deep in your Paul Smith-laden sock drawer. Likewise, mothball the fancy sunglasses, watches and jewellery. That’s right, dear readers, there’s a new it item in town.

Sporting no zips or internal structure, this wildly underdesigned item is a pickpocket’s dream. It’s also insanely cheap and can be reused often — all it needs is the right branding...

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