Abstract: An insulated holder for a bottle is made of a bodily flexible foam material having a lower sleeve for receiving the bottom of the bottle. A lid is attached to the lower sleeve and is movable from a position covering the open top of the lower sleeve to a vertical position. An upper sleeve is attached to the lid and tapers upwardly to conform to the shape of an upper end of a bottle. The upper and lower sleeves accordingly receive most of the bottle thereby insulating it. When the bottle is discarded, the upper sleeve may be folded into the lower sleeve. A zipper cooperates between the lid and the lower sleeve to enclose the upper sleeve and provide a convenient package for transportation and display.

Abstract: An insulated holder for a bottle is made of a bodily flexible foam material having a lower sleeve for receiving the bottom of the bottle. A lid is attached to the lower sleeve and is movable from a position covering the open top of the lower sleeve to a vertical position. An upper sleeve is attached to the lid and tapers upwardly to conform to the shape of an upper end of a bottle. The upper and lower sleeves accordingly receive most of the bottle thereby insulating it. When the bottle is discarded, the upper sleeve may be folded into the lower sleeve. A zipper cooperates between the lid and the lower sleeve to enclose the upper sleeve and provide a convenient package for transportation and display.

Abstract: An insulated beverage holder is made of a bodily flexible foam material having a sleeve for receiving a beverage container and a lid. The lid is attached to the sleeve and is movable from a position covering the open top of a beverage container to a position away from the sleeve. The sleeve may be folded into a stowed position inside the lid. Fasteners are provided to keep the folded sleeve inside the lid and provide a compact decorative package.