Abstract: An expandable and collapsible purse for insulating and carrying cans or bottles or other selected items within coverable pouches or pockets formed on the inside and/or outside or the purse. The storage cavity includes pockets to store other selected items. A continuous integral cover or sleeve extends upward from the top edge which can be folded inwardly over the inner pockets and contents on the inside of the purse or folded outwardly over the outer pockets surrounding the outer surface of the purse. After the containers are stored in the pockets, the sleeve can pulled down over the inner wall pockets or over the outer wall pockets to cover and further insulate the containers. The purse preferably has a carrying strap or straps and contains a zipper, snaps or hook and loop fasteners to close the top opening when the sleeve is pulled down over the pockets.

Abstract: An expandable and collapsible purse for insulating and carrying cans or bottles or other selected items within coverable pouches or pockets formed on the inside and/or outside or the purse. The storage cavity includes pockets to store other selected items. A continuous integral cover or sleeve extends upward from the top edge which can be folded inwardly over the inner pockets and contents on the inside of the purse or folded outwardly over the outer pockets surrounding the outer surface of the purse. After the containers are stored in the pockets, the sleeve can pulled down over the inner wall pockets or over the outer wall pockets to cover and further insulate the containers. The purse preferably has a carrying strap or straps and contains a zipper, snaps or hook and loop fasteners to close the top opening when the sleeve is pulled down over the pockets.