Abstract: A wrap-around type portable beverage cooler suitable for cooling and maintaining in cooled condition a small container such as an individual wine bottle, soft drink bottle, or sealed cane. The device includes an elastic belt, a portion of which is disposed between the individual walls of a flexible coolant-retaining jacket, the ends of the belt being selectively interconnectable to retain the jacket in surrounding relation relative to the container. An integral strap carried by the lower periphery of the jacket passes under the container to prevent slipping of the container relative to the jacket. Elongate cords pass through openings adjacent the upper periphery of the jacket to enable the jacket and container to be carried without chilling the fingers of a user.