Abstract: A strap take-up device for a fashion accessory that includes an elongated strap of a purse or similar bag. The take-up device receives a strap in a looped form and selectively retains the strap in a plurality of desired positions. The retaining member receives and retains the strap in its desired position without slippage by providing a unitary body defining a spring clip formed of an elongated sheet folded, at least twice, back onto itself to form at least two strap retaining passages. The spring clip is elastically deformable to allow each of the passages to expand to an open position to allow a strap to be disposed therein and contract to a closed position to frictionally retain the strap. The spring clip is spring biased to contract to the closed position. In the preferred embodiments of this invention, the spring clip takes the forms of a W-shaped or S-shaped design.