The surprise is in the lining with these joyful Fendi Peekaboo bags

First seen on the S/S 2026 runway, the latest iterations of the Fendi Peekaboo feature a series of vivid interior linings, on view thanks to the bag’s unique construction. They make a fitting swansong for departing creative director Silvia Venturini Fendi

Fendi Peekaboo ISeeU bag from Fendi SS26 collection
A series of ‘Peekaboo Inner Beauty’ bags by Fendi (available fendi.com)
(Image credit: Photography by Neil Godwin, art direction by Cindy Parthonnaud)

In 2008, the Peekaboo handbag first appeared on the Fendi runway, taking its name from its playful construction whereby a front flap can be pushed downwards into a U-shape to reveal a ‘peek’ at the interior (when open, the curved shape has also been likened to a smile). Conceived by Silvia Venturini Fendi – a third-generation scion of the Roman dynasty – the Peekaboo was designed as a playful riff on the ladylike, top-handle styles of the 1940s and 1950s, and has appeared in various iterations in the two decades since.

In Venturini Fendi’s S/S 2026 runway show, held last September, the Peekaboo once again took centre stage, reimagined with a series of bold interior linings, from gleaming sequins and tassel-like paillettes to beaded floral motifs, revealed only when the bag is opened. As such, the series is titled ‘Inner Beauty’, with each embellishment individually handcrafted by the house’s artisans.

Fendi Peekaboo ISeeU bag on Fendi SS26 runway

The Fendi ‘Peekaboo Inner Beauty’ bag on the runway at the house’s S/S 2026 show

(Image credit: Photography by Daniele Venturelli/WireImage)

They proved a fitting swansong for Venturini Fendi, who has been responsible for some of the most memorable accessories of recent times – including the Baguette, which was introduced in 1997 – and has recently taken on a new role as Fendi’s ‘honorary president’ which will see her step away from her previous creative responsibilities.

She has been replaced by Maria Grazia Chiuri, the former creative director of Dior, who also hails from Rome and presented her debut collection for Fendi in Milan this past February. ‘What a wonderful journey it has been,’ said Venturini Fendi when the news was announced last September.

A version of this story appears in the April 2026 Global Interiors Issue of Wallpaper*, available on the Wallpaper* app on Apple iOS, and to subscribers of Apple News + now. Subscribe to Wallpaper* today

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Fashion & Beauty Features Director

Jack Moss is the Fashion & Beauty Features Director at Wallpaper*, having joined the team in 2022 as Fashion Features Editor. Previously the digital features editor at AnOther and digital editor at 10 Magazine, he has also contributed to numerous international publications and featured in ‘Dazed: 32 Years Confused: The Covers’, published by Rizzoli. He is particularly interested in the moments when fashion intersects with other creative disciplines – notably art and design – as well as championing a new generation of international talent and reporting from international fashion weeks. Across his career, he has interviewed the fashion industry’s leading figures, including Rick Owens, Pieter Mulier, Jonathan Anderson, Grace Wales Bonner, Christian Lacroix, Kate Moss and Manolo Blahnik.